The risks are highlighted by Commonwealth Bank having spent and provisioned a collective AUD 4.1 billion on customer remediation between fiscal 2014 and 2023 and paying a civil penalty of AUD 700 ...

Along with Adrian Meronk winning $4 million for his first LIV Golf title in Saudi Arabia’s capital last week, he took the ...

When President Cyril Ramaphosa defended the policy on X, Elon Musk, the Pretoria-born tech billionaire who is currently ...

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...

President Trump recently issued an executive order to develop a plan for a sovereign wealth fund. But what exactly is a sovereign wealth fund and why does Trump want one?

while the FirstChoice Employer Super growth fund (MySuper Lifestage 1975-79) posted a 16.6 per cent return. Colonial First State chief investment officer Jonathan Armitage told The Australian it ...

Norway's $1.8 trillion sovereign wealth fund, the world's largest, said on Thursday it had placed Italian shipbuilder Fincantieri under observation over alleged human rights violations.

At the same time, Bessent's emphasis on expanding energy supply omits other significant inputs for the 10-year. "Concrete ...

Stronger than expected wage growth and softer US 10-year yields has driven the yen to new highs for the year, to lead the major currencies with more than a 1% gain. Among emerging market currencies, ...

Future Fund, Melbourne, returned 12.2% on its portfolio in 2024, bringing its total assets to A$237.9 billion ($148.2 billion ...

Australia's sovereign wealth fund added a hefty $26 billion in 2024, boosted by the sterling performance of US shares. The 12 ...