American Marconi Wireless News - Economy (English)

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Featured

Indonesia launches new multi-billion-dollar sovereign wealth fund

Indonesia launches new multi-billion-dollar sovereign wealth fund

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy.

Most Asian markets track Wall St loss; Hong Kong extends gains

Most Asian markets track Wall St loss; Hong Kong extends gains

Asian markets mostly fell Monday following a dour end to last week for Wall Street, where a disappointing round of data added to concerns about the world's number one economy.

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