Trump’s new order begins the process of creating a sovereign wealth fund, which is aimed at generating more money for the ...

There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and ...

President Donald Trump on Monday signed an executive order directing the U.S. Treasury and Commerce departments to establish ...

Trump’s executive order creates a sovereign wealth fund to invest in key sectors and possibly acquire TikTok. Here’s how ...

Discover President Trump's executive order to develop a government-owned investment fund and the potential impact on TikTok's future.

HONG KONG — China is sending Vice President Han Zheng to President-elect Donald Trump’s inauguration in Washington, Chinese state media reported Friday, the first time a senior Chinese leader ...

BANGKOK (AP) — The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds ... wealth in China is held in ...

According to the Ministry of Finance, a total of 27 enterprises fit that category, including the sovereign wealth fund China Investment Corporation, three policy banks, China's "Big Five" banks ...

China's financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers ... market damaged households' wealth. Following the press conference ...

Inflation driven by U.S. tariffs is among the biggest market risks in 2025, Nicolai Tangen, CEO of Norges Bank Investment Management told CNBC at the World Economic Forum in Davos. Tangen also ...

Escalating US sanctions aside, China has launched a national artificial intelligence (AI) industry investment fund worth CNY60 billion (approx. US$8.2 billion), according to reports from Yahoo ...