Business
Indonesia’s new Danantara investment fund readies for launch
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could…
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Business
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could…
Business
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
Indonesia officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to…
Business
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost,following the announcement on Friday (Feb 21) of a S$5 billion…
Politics
Hegseth faces backlash after proposing Pentagon cuts to fund Trump's agenda
Secretary of Defense Pete Hegseth faced some heat on Wednesday after directing the Department of Defense (DOD) to find $50 billion in…
Politics
Hegseth wants to cut Biden-era spending in the Pentagon to fund Trump priorities
Defense Secretary Pete Hegseth wants Pentagon officials to lop off about 8% from the next defense budget to help fund the military…
Business
Indonesia’s INA, Japan’s DBJ launch hybrid fund for mid-sized businesses
Indonesia has emerged as a crucial market for several Japanese financial institutions in South-east Asia to expand their businesses in the…
Business
KKR nears US$14 billion for buyout fund in show of momentum
KKR is more than halfway to a US$20 billion money-raising goal for its North America buyout fund, a sign of momentum during a difficult…
Business
Pimco seeks to grow 60/40 fund to US$2 billion on Asia expansion
Pimco has been expanding its distribution in Asia, as it lures more investors seeking to tap investment strategies of global funds PACIFIC…
Politics
As Deportation Concerns Grow, California Allocates $50M Fund to Battle Trump Policies and Defend Immigrants
California Governor Gavin Newsom signed laws on Friday to allocate $50 million for legal battles against the Trump administration and to…
Politics
Trump wants a sovereign wealth fund for the US. What are they?
SOVEREIGN wealth funds are some of the most powerful – and secretive – investors in the world, with more than US$13 trillion estimated to…
News
5 Europeans, in the country illegally, stole funds meant for low-income L.A. families, U.S. says
Five men were arrested in Los Angeles on suspicion of using counterfeit electronic benefit transfer cards to fraudulently withdraw funds…
Politics
What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create one. “Other…
Business
Indonesian fund, Mitsui vie for US$300 million stake in toll operator RKE: sources
INDONESIA’S sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui are among prospective buyers of CVC Capital…
Business
CapitaLand Investment to seed future data centre fund with US$700m investment in Japan
It is making disciplined acquisitions without acting like ‘a kid in a toy store’, says CLI’s Manohar Khiatani ASSET manager CapitaLand…
Politics
The $8 Billion Children’s Vaccine Fund R.F.K. Jr. Would Oversee
When President Bill Clinton worked with a bipartisan Congress to enact a federal program to guarantee vaccines for poor children, they…
Business
Trust Fund Baby? Here's How to Actually Set One Up
Trust funds might sound like something only the super-rich deal with, but they’re actually a smart way for any parent to plan for their…
Business
Goldman Sachs starts infrastructure fund for wealthy individuals
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts…
Business
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
Vanguard, the large mutual fund company, has agreed to pay $106 million in restitution to settle a securities regulatory investigation…
Politics
Republicans Want to Punish Divorced People to Fund Tax Cuts
“But I want to protect ourselves, our most recent examples of domestic terrorism were not what we have spent the majority talking about…
Politics
Republicans Reveal Dark Plan to Let Kids Go Hungry to Fund Tax Cuts
Republicans are looking to gut and slash federal programs in order to afford an extension to Donald Trump’s 2017 tax plan. The extension,…
Business
Fidelity launches key China fund in bet on retirement boom
FIDELITY International, one of the world’s biggest pension managers, is taking a key first step in the Chinese market to tap a growing…
Business
Germany's Habeck touts investment fund of €40 billion initially
Robert Habeck, German Minister for Economic Affairs and Climate Protection and the Greens' lead candidate for the Bundestag elections,…