Saudi Arabia's sovereign wealth fund's net profits plunged 60 percent in 2024, reflecting inflation and lower energy prices ...

The Amazon founder's billionaire ascension from pinching pennies to super-rich icon can be seen in his billion-dollar assets, ...

The Institute for Supply Management’s purchasing manager index has declined since April’s ... Using a sovereign wealth fund to finance the machinery American companies need is exactly the kind ...

Washington is eying the possible creation of an American sovereign wealth fund (SWF) to compete with China’s state-controlled extractive industries by directly investing in miners, both domestic ...

Speaking at a conference organized by the Hamm Institute for American Energy this week, Burgum said the Trump administration is exploring various investment strategies — including a sovereign ...

Norway, a founding member of NATO, has a $1.8 trillion sovereign wealth fund, the largest in the world, fueled by oil and gas revenues, as well as investments in stocks, bonds, real estate, and ...

Jakarta, Indonesia — Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia's largest economy and give the ...

Norway, China, and Kuwait are renowned for the gigantic sum of sovereign wealth funds they currently hold. Aside from these nations, Indonesia’s Danantara reportedly aims to administer a great deal of ...

JAKARTA: A new Indonesian sovereign wealth fund aims to manage the assets of all state-owned enterprises in the country worth more than US$900 billion, with President Prabowo Subianto saying that ...

He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.

President Trump’s proposal to create a U.S. sovereign wealth fund is flawed, as it would not generate new wealth and would likely rely on government debt, opening the door to political interf… ...

NO: A sovereign wealth fund does not make sense in a country with $36 trillion in federal debt. SWFs are typically used to protect natural resource wealth for future generations.