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Article Related To Sovereign Wealth Fund

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What is a sovereign wealth fund?

What is a sovereign wealth fund?

Sovereign wealth funds are investment vehicles owned by countries.
Wed Feb 05 2025
Trump orders creation of US sovereign wealth fund, says it could buy TikTok

Trump orders creation of US sovereign wealth fund, says it could buy TikTok

If created, the sovereign wealth fund could place the US alongside numerous other countries, particularly in the Middle East and Asia.
Tue Feb 04 2025
Amicorp Group to dispute $1 billion legal claim by Malaysia's 1MDB for alleged fraud

Amicorp Group to dispute $1 billion legal claim by Malaysia's 1MDB for alleged fraud

Amicorp in a statement late on Monday said it would defend itself and challenge the effort by sovereign wealth fund 1Malaysia Development Berhad.
Tue Dec 24 2024
Malaysia's 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud

Malaysia's 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud

1MDB claims eight Amicorp entities and its CEO Toine Knipping played a vital role in enabling the sovereign wealth fund to be defrauded between 2009 and 2014.
Mon Dec 23 2024
1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

Tony Pua says he attended the meeting with 1MDB representatives to determine the financial status of the sovereign wealth fund.
Tue Sep 17 2024
Jho Low informed establishment of 1MDB two years before it was officially formed - Witness

Jho Low informed establishment of 1MDB two years before it was officially formed - Witness

Jho Low had informed AmBank that his team was looking to set up a sovereign wealth fund to raise funds to develop the State of Terengganu, two years before it was officially formed.
Thu Oct 13 2022
Najib's second SRC case to be heard upon disposal of conviction review bid

Najib's second SRC case to be heard upon disposal of conviction review bid

The High Court today set Nov 29 for mention of Najib Razak's another SRC case involving RM27 million in the sovereign wealth fund.
Wed Sep 28 2022
[COLUMNIST] Stop brain drain or lose lock, stock, and barrel

[COLUMNIST] Stop brain drain or lose lock, stock, and barrel

How long would we be able to hold trying to face 2020s problems with 1980s solutions?
Fri Jul 08 2022
Sarawak's proposed sovereign fund still under study - Abang Johari

Sarawak's proposed sovereign fund still under study - Abang Johari

Sarawak will announce its decision on the proposal to set up its own sovereign wealth fund once a study has been completed, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
Mon May 16 2022
Prosecutor urges ex-Goldman banker's conviction over 1MDB, defence blasts witness

Prosecutor urges ex-Goldman banker's conviction over 1MDB, defence blasts witness

Smith says Roger Ng received more than $35 million in kickbacks from Malaysia's 1MDB sovereign wealth fund, and must be held accountable.
Tue Apr 05 2022
[COLUMNIST] Reinventing sovereign wealth fund: Let us be cleverer

[COLUMNIST] Reinventing sovereign wealth fund: Let us be cleverer

There is an important void for Khazanah Nasional to fill in before it can start delivering impact for the nation.
Thu Mar 10 2022
Khazanah calls for reopening of international borders

Khazanah calls for reopening of international borders

Amirul Feisal emphasised that the sovereign wealth fund is focusing on improving Malaysia Airlines operations.
Wed Mar 02 2022
Ex-Goldman banker testifies that 1MDB deal made him a hero

Ex-Goldman banker testifies that 1MDB deal made him a "hero"

A former Goldman Sachs partner testified on Wednesday that he and a colleague became "heroes" at the bank for bringing in billions in business from Malaysia's 1MDB sovereign wealth fund.
Thu Feb 17 2022
Setting up of sovereign wealth fund for benefit of future generations - Abang Johari

Setting up of sovereign wealth fund for benefit of future generations - Abang Johari

The proposed setting up of the Sovereign Wealth Fund is to guarantee a good financial position for Sarawak if its petroleum resources are depleted, said Chief Minister Tan Sri Abang Johari Tun Openg.
Fri Dec 17 2021
1MDB board in 'sandiwara' on overseas funds belonging to UMNO - Witness

1MDB board in 'sandiwara' on overseas funds belonging to UMNO - Witness

Former CEO of 1MDB told the High Court here today that the 1MDB board of directors was involved in a 'sandiwara' to conceal the overseas funds of the sovereign wealth fund belonged to UMNO.
Thu May 27 2021
US military plane deporting Indian immigrants lands in India

US military plane deporting Indian immigrants lands in India

The Trump administration has increasingly turned to the military to help carry out its immigration agenda.
Wed Feb 05 2025
Trump's Gaza plan for 'Riviera of the Middle East' triggers international condemnation

Trump's Gaza plan for 'Riviera of the Middle East' triggers international condemnation

Countries from Russia, China, Spain, Ireland and the UK say they continue to support the two-state solution.
Wed Feb 05 2025
US Postal Service suspends inbound parcels from China, Hong Kong

US Postal Service suspends inbound parcels from China, Hong Kong

Trump's crackdown on de minimis would make the products sold by the likes of Shein and Temu more expensive.
Wed Feb 05 2025
US plan to take over Gaza: Malaysia's stance on Palestine unchanged - PM

US plan to take over Gaza: Malaysia's stance on Palestine unchanged - PM

Datuk Seri Anwar Ibrahim says Malaysia's stance remains the same as that of other Islamic countries.
Wed Feb 05 2025
US freezes funding for security mission tackling Haiti's gangs

US freezes funding for security mission tackling Haiti's gangs

More than $13 million in US funding for an international security force helping fight armed gangs in Haiti has been frozen, the UN says.
Wed Feb 05 2025
Over 40,000 civil servants at high risk of mental health issues - Zaliha

Over 40,000 civil servants at high risk of mental health issues - Zaliha

A total of 44,901 civil servants were screened under Public Service Psychological Health Digital Profiling System, says Dr Zaliha Mustafa.
Wed Feb 05 2025
India's Modi takes 'holy dips' at Maha Kumbh, week after stampede killed dozens

India's Modi takes 'holy dips' at Maha Kumbh, week after stampede killed dozens

Security personnel stood in the water nearby while thousands of people crowded the banks to watch the prime minister perform the rituals.
Wed Feb 05 2025
Philippine Congress endorses impeachment complaint against vice president

Philippine Congress endorses impeachment complaint against vice president

Vice President Sara Duterte would be the Philippines' second most senior official to face removal from office.
Wed Feb 05 2025
What is a sovereign wealth fund?

What is a sovereign wealth fund?

Sovereign wealth funds are investment vehicles owned by countries.
Wed Feb 05 2025
[COLUMNIST] Rising above Trump tariffs: How a resilient global economy outlasts US protectionism

[COLUMNIST] Rising above Trump tariffs: How a resilient global economy outlasts US protectionism

The current alarm over Trumps tariff threats overlooks a key point: global markets are resilient and adaptable.
Wed Feb 05 2025