Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
On 20th February 2025, President Donald Trump addressed the FII PRIORITY Summit in Miami, emphasizing the importance of purpose-based investment in reshaping the world economic landscape. Hosted by the FII Institute, the summit saw global leaders, investors, and innovators gathering to create inclusive and sustainable growth.
President Trump's keynote address emphasized the need for strategic investments that return economic and long-term social dividends. He outlined his defining values for great leaders: peace, love, respect, and strength. He also named his father as an inspiration and talked about his passion for leadership.
The summit, led by Richard Attias, Chairman of the Executive Committee, FII Institute, witnessed deliberations on global issues, including carbon market scaling, maritime sustainability, healthy humanity and affordability, and sustainable workforce leaders. President Trump also thanked the Crown Prince of Saudi Arabia, Mohammed bin Salman bin Abdulaziz Al Saud, for opening up Riyadh as a forum to end the Russia-Ukraine War, and His Excellency Yasir Al-Rumayyan, Governor, PIF & Chairman of FII Institute.
