- Crown Prince Mohammed bin Salman plans to invest a whopping $20B in Pakistan - including in its energy and agriculture sectors - as he began a swing through Asia at a time when his ties with the West are waning.
- The news didn't appear to phase investors, with the benchmark Karachi Stock Exchange 100 Index falling on Monday to the lowest level in about three weeks.
- MBS's stop in Pakistan is the first leg of a broader trip that will take him to India, South Korea and China, where he's set to meet with President Xi.
- ETFs: PAK