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US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste?

US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste?

Sovereign wealth funds are usually associated with great wealth - Norway's 'oil fund' is estimated to be worth US$1.7 trillion.
Sat Feb 15 2025
Crypto: Understanding ETFs within Malaysia’s digital landscape

Crypto: Understanding ETFs within Malaysia’s digital landscape

Cryptocurrency investing, once complex and volatile, is becoming more mainstream and regulated with the introduction of exchange-traded funds (ETFs).
Wed Feb 12 2025
Musk-led group makes $97.4 billion bid for control of OpenAI

Musk-led group makes $97.4 billion bid for control of OpenAI

OpenAI was valued at $157 bil in its last funding round, cementing its status as one of the most valuable private companies in the world.
Tue Feb 11 2025
Palestinians appeal for help with short-term shelter in Gaza

Palestinians appeal for help with short-term shelter in Gaza

Palestinian Authority estimates immediate funding needs of $6.5 billion for temporary housing for Gaza's more than two million people.
Fri Feb 07 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
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
Can Trump pay US government employees to quit their jobs?

Can Trump pay US government employees to quit their jobs?

The financial incentives is likely to run into a number of complications, including funding issues, and it could also face legal challenges.
Sun Feb 02 2025
WHO worker crowd-funds for UN agency after Trump pulls US out

WHO worker crowd-funds for UN agency after Trump pulls US out

The "1 Dollar, 1 World" campaign urges global donations of $1 to support the UN health agency in combating chronic and emerging diseases.
Sun Feb 02 2025
Malaysia's official reserve assets at US$116.22 bil as at end-December 2024 - BNM

Malaysia's official reserve assets at US$116.22 bil as at end-December 2024 - BNM

According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.49 billion in the next 12 months.
Fri Jan 31 2025
UN rights chief seeks $500 million in 2025, warning that lives are at risk

UN rights chief seeks $500 million in 2025, warning that lives are at risk

The annual appeal is for funds beyond the allocated UN funds from member states' fees, which make up just a fraction of the office's needs.
Fri Jan 31 2025
WHO chief to cut costs, reset priorities after US exit, document shows

WHO chief to cut costs, reset priorities after US exit, document shows

The United States is by far the WHO's biggest financial backer, contributing around 18% of its overall funding.
Fri Jan 24 2025
MACC-FBI-DOJ collaboration recovers US20 mln linked to 1MDB

MACC-FBI-DOJ collaboration recovers US20 mln linked to 1MDB

MACC says Frank White Jr. voluntarily agreed to surrender funds to the DOJ after learning they originated from misappropriated 1MDB money.
Thu Jan 23 2025
Vivy Yusof and husband claim trial to alternative charges of misappropriating Khazanah, PNB funds

Vivy Yusof and husband claim trial to alternative charges of misappropriating Khazanah, PNB funds

The couple is jointly charged with misappropriating RM8 million in investment funds from Khazanah and PNB.
Wed Jan 22 2025
Najib used Jho Low to receive 1MDB funds - Prosecution

Najib used Jho Low to receive 1MDB funds - Prosecution

DPP says Najib appears to be protecting Jho Low despite being given numerous warnings about his character and actions.
Tue Jan 21 2025
Public flips car involved in road accident to rescue child

Public flips car involved in road accident to rescue child

According to JBPM, members of the public at the scene took initial action to rescue the victim before the fire brigade arrived.
Fri Feb 21 2025
Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.
Fri Feb 21 2025
Zayn Rayyan case: Two child witnesses complete testimony today

Zayn Rayyan case: Two child witnesses complete testimony today

So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.
Fri Feb 21 2025
Macron says he will tell Trump not to be weak with Putin in Washington visit

Macron says he will tell Trump not to be weak with Putin in Washington visit

Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.
Fri Feb 21 2025
Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.
Fri Feb 21 2025
Trump pulls US out of key global climate assessment, sources say

Trump pulls US out of key global climate assessment, sources say

The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.
Fri Feb 21 2025
Japan to court Tesla on Nissan investment, FT reports

Japan to court Tesla on Nissan investment, FT reports

The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.
Fri Feb 21 2025
185 children linked to GISB handed over to families - Exco

185 children linked to GISB handed over to families - Exco

The children have been handed over to their families on bond with conditions by the court.
Fri Feb 21 2025
IRS fires 6,000 employees as Trump slashes US government

IRS fires 6,000 employees as Trump slashes US government

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.
Fri Feb 21 2025
Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

This is the chainsaw for bureaucracy, says Elon Musk.
Fri Feb 21 2025