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Plantations 08 Sep 2016 | 12:00 AM

Norway’s wealth fund dumps Duke Energy on environment issues

OSLO: Norway’s US$900bil sovereign wealth fund, the world’s biggest, excluded Duke Energy Corp and some units from its investments because of a risk of “severe environmental damage”.

Business 25 Jun 2016 | 12:00 AM

Destined for bigger things

Datuk Rozabil Abdul Rahman, the major shareholder and head honcho of Destini Bhd, has been keeping a hectic schedule and travelling quite a bit of late.

Business 24 Jun 2016 | 12:00 AM

Norway’s central bank keeps interest rates on hold

OSLO: Norway’s central bank left its key interest rate unchanged, in line with forecasts, but repeated it may cut later this year to fight an economic downturn triggered by low oil prices.

Commodities 18 Jun 2016 | 12:00 AM

Revival of Indonesia augurs well for CIMB

WITH more than 20% of its business coming from Indonesia, CIMB Group Holdings Bhd’s fortunes depend very much on the economic health of that country.

Corporate News 26 May 2016 | 6:09 AM

Norway to regulate US$850b fund's tax haven exposure

OSLO: Norway will take a first step this week towards using its US$850 billion sovereign wealth fund, the world's biggest, as a tool to combat the use of tax havens, two key members of parliament's finance committee told Reuters on Wednesday.

World 26 May 2016 | 2:25 AM

Norway to regulate $850 billion fund's tax haven exposure - lawmakers

OSLO (Reuters) - Norway will take a first step this week toward using its $850 billion (578 billion pounds) sovereign wealth fund, the world's biggest, as a tool to combat the use of tax havens, two key members of parliament's finance committee told Reuters on Wednesday.

Business 15 May 2016 | 10:41 PM

The world's largest sovereign wealth fund to sue VW over emissions scandal

Norway's sovereign wealth fund, the world's largest, said on Sunday it plans to join the class-action lawsuits filed against Volkswagen AG over the German automaker's emissions scandal.

Business 30 Apr 2016 | 12:00 AM

Tussle in Reach Energy

REACH Energy Bhd managing director Shahrul Hamid Mohd Ismail is well aware but not surprised on the ongoing tussle between yield seekers and long-term investors in special-purpose acquisition companies (SPACs).

Business 21 Apr 2016 | 12:00 AM

Currency managers grasp for next winning trend as dollar falters

EDINBURGH: After years of global easing made buying the dollar one of the world's most popular trades, currency traders are latching on to any glimmer of economic brightness to try to uncover the next big theme.

Business 14 Apr 2016 | 12:00 AM

EPF plans to double property investments

KUALA LUMPUR: Malaysia’s US$178bil pension fund plans to double its real estate assets in the next few years as it seeks to diversify its holdings that are mostly invested in bonds and stocks.