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Business 17 Feb 2021 | 7:00 AM

Indonesia names Wirakusumah to helm US$100bil wealth fund

JAKARTA: Indonesia has named Ridha Wirakusumah as the chief executive officer of its new wealth fund, which is set out to bring in funds to invest in local projects from infrastructure to healthcare.

World 27 Jan 2021 | 5:25 AM

U.S. stocks fall as energy sector slides

NEW YORK, Jan. 26 (Xinhua) -- U.S. stocks gave up earlier gains to finish lower on Tuesday, as energy sector pulled back noticeably, weighing on the market.