Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, ...

Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a ...

Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will ...

With official details scant so far, speculation about the shape of a planned new US sovereign wealth fund (SWF) is broad. But ...

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as ...

A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.

Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo ...

He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy ...

Prabowo on Monday inaugurated the new fund, known as Daya Anagata Nusantara or Danantara, which is modeled partly on ...

Indonesian President Prabowo Subianto has signed a regulation that officially established a new sovereign wealth fund. The ...