Manager of Norway’s $2tn oil fund proposes slashing US Treasury holdings
Overhaul of bond positions suggested to Ministry of Finance aims to boost returns
Economic news
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Foreign investors shun Australia after property developer collapses
Bathla’s administration and possible liquidation spooks Asian funds and private credit markets
Indian diaspora comes through with dollars
Also in this newsletter: another education technology dropout
Dear Brits, please save more
The UK, like many countries, faces a major pensions shortfall
The big August jobs report is due out Friday. Here’s what to expect for what has been a jobless summer
August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.
EU enters winter with lowest gas stocks on record
Situation could become ‘problematic’, warns gas storage group head