The US Commerce Department has reportedly selected Elon Musk’s former banker Michael Grimes to lead a planned sovereign wealth fund, The post Elon...

SAUDI Arabia's sovereign wealth fund is set to invest US$100mil in Malaysia's Capital A-owned budget airline AirAsia, Bloomberg News reported on...

KUALA LUMPUR: Saudi Arabia’s sovereign wealth fund is set to invest US$100 million (about RM442mil) in Malaysia’s Capital A-owned budget airline...

JAKARTA: Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia’s largest...

PETALING JAYA: The Ministry of Investment, Trade and Industry (Miti) and the Securities Commission Malaysia (SC) have jointly launched the Strategic...

CIMB Group Holdings Bhd aims to accelerate growth and lead the market as the group unveiled its new six-year roadmap called Forward30. Read full story

Portuguese financier Domitíla dos Santos, who has spent 40 years managing fortunes at Morgan Stanley, has been promoted to lead the US bank as...

By Vincent Cook In his February 3 Executive Order, President Trump directed his minions to begin planning for establishment of a “Sovereign...

The establishment of Danantara, Indonesia’s new sovereign wealth fund (SWF), has sparked both optimism and scepticism.

KUALA LUMPUR: The ringgit is expected to rise against the US dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to...