Sovereign wealth funds

Saudi Arabia Tops Sovereign Wealth Spending League, Snatches the Spot From Singapore

Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most active sovereign investor in 2023, with deals worth billions of dollars.


IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia

The International Monetary Fund (IMF) and World Bank have approved $4.5 billion in debt forgiveness for Somalia...

Sebi upgrading surveillance for CommExes

India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..

BC Clean-tech alliance seeks $500-mln fund from Trudeau

B.C. clean-tech companies have requested Prime Minister Justin Trudeau to allocate a $500 million venture capital (VC) fund. An alliance comprising 51 clean-tech and investment firms from B.C. provinc..


Latest News

PBOC hosts private meeting with money dealers in light of short-term rate increase
An anonymous People's Bank of China (PBOC) official had met with local money dealers in the bank's efforts to stave off investor worry about rising short-term rates.
Abenomics aid capital imbalance from investment outflows - IMF official
IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the
More US troops take refuge in “military lipo”- report
A report from the Associated Press revealed that more US troops were taking refuge in military lipo to meet strict physical fitness requirements.
Regulator investigates MREITs- report
The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.
Authorities grab USD 28 million worth of bitcoins from alleged Silk Road operator
An estimated USD 28 million worth of bitcoins was confiscated by authorities from the computer hardware of Ross William Ulbricht.
Air Serbia launched and expansion plans to come after profitability
If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksand
Libya exercises right of first refusal over Marathon Oil's shareholdings in Waha Oil
In nixing the deal to allow the exit of Marathon Oil, a below market offer would be made shortly by the Libya owned NOC for the shareholdings.
Rio Tinto and Mongolia iron out key issues but there still remain a few
Davaadorj Ganbold said that major issues between the mining firm and the government have been ironed out but some still remain.
Oman projects total USD112 billion
In a MEED Projects Study, it was found that forty major projects in the Sultanate are in the pipeline with total cost to reach USD112 billion.
Countrywide verdict a major victory for US Justice Department- report
The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.
Real Time Analytics