Tag: fund
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South Korea plans future fund fueled by chip boom
South Korea plans to channel windfall tax revenue from its booming semiconductor industry into a new future fund. The money would help finance major industrial projects and to support younger generations.
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South Korea to create future fund from chip windfall to spur growth, tackle inequality
A top official says the government will use the “Future Response Fund” to help finance major national investment projects and strengthen the country’s long-term competitiveness.
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Bridgewater’s flagship macro fund gains 8.1% in first half amid market volatility, sources say
NEW YORK, July 1 : Bridgewater Associates’ flagship Pure Alpha macro fund posted a gain of 8.1 per cent after braving a volatile market backdrop during the first half of the year, people familiar with the matter said on Wednesday. Top hedge funds have grappled with turbulence in financial markets this year o
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Citadel’s Griffin pays for talent — including US soccer coach
NEW YORK, June 26 : As the United States men’s national soccer team advances in the World Cup, fans from Wall Street to the wider world have an unexpected patron to thank for some of the American team’s recent success.Billionaire investor Ken Griffin, best known for running hedge fund Citadel and a lifelong s
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Trump offers Iran an economic lifeline — with strings
Iran has seen a speedy rebound in oil exports after the US-Iran deal granted immediate waivers on US sanctions. Relief on frozen assets and a $300 billion reconstruction fund now hinge on Tehran meeting key conditions.
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Irish government to contribute £197m to cross-border rail services
The money will come from the last allocation from the Irish government’s Shared Island Fund.
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Publicis chief urges France, Germany to lead European AI fund
PARIS, June 17 : Publicis chairman Maurice Lévy on Wednesday called on France and Germany to lead a pan-European artificial intelligence fund, saying the bloc’s companies were too exposed to U.S. providers that could cut access to advanced AI models without warning.Speaking at VivaTech in Paris, Lévy said E
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US judge indefinitely blocks Trump administration’s ‘anti-weaponisation’ fund
The proposed “anti-weaponisation” fund was announced to settle a lawsuit by Trump against the Internal Revenue Service over the leak of his tax returns.
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How Musk’s tactics left investors clamoring for SpaceX stock and ignoring risks
NEW YORK, June 12 : In recent years, Elon Musk has been picky about whom he allowed to buy in to SpaceX, the rocket ship company making its highly anticipated stock market debut this week.One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur
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Senate approves $70bn for Trump immigration crackdown
The package to fund agencies including ICE until the end of Trump’s term had face Democratic opposition over immigration agents killing two US citizens.
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