US President Donald Trump plans to set up a Sovereign Wealth Fund (SWF) for America. Here is what a SWF means and details how it works.

The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...

Tanzania is set to export electricity to Kenya and Ethiopia after recent connection of ...

Two senior citizens suffered losses totalling over RM5 million after falling victim to non-existent investment schemes ...

In Channy, president of ACLEDA Bank, says a proper office convinced ordinary Cambodians to trust the bank: “They say...I want ...

Canada’s real estate sector saw a recovery in the last quarter of 2024 as house-buying activity picked up. The demand was driven by interest rate cuts by the Bank of Canada. According to the ...

ING Groep N.V.'s shares underperform in the European financials space, despite solid core capital returns and dividends.

Tesla CEO Elon Musk spoke at a JPMorgan Chase conference on Thursday which was attended by the bank's chief Jamie Dimon, ...

Against this background, Bank of America forecasts that gold will reach $3,000 this year, as the US deficit continues to ...

The Federal Reserve is managing its securities portfolio and commercial banks' liquidity through reverse repurchase ...

A venture capital firm backed by an Egyptian billionaire plans to invest millions in four African countries, which includes ...

Greenspan was explicitly against a sovereign wealth fund, but he needn’t have worried. Over the next two-and-a-half decades the federal government paid for tax cuts, a war, more tax cuts, another war, ...