Record loss reported by world’s largest sovereign wealth fund

Norway’s state pension fund recorded a loss of nearly 15% in the first half of 2022 Norway’s trillion-dollar state pension fund, NBIM, suffered the biggest loss in its history in the first half of the year, the Financial Times reported on Wednesday, citing an official statement.

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China’s tourism forecast issued

Domestic tourism in China is on track to make a comeback after sinking to an all-time low during strict Covid-related lockdowns, CNBC reported Monday, citing Fitch Ratings data. The analysis showed an increase in holiday bookings since the country’s biggest lockdown in Shanghai ended in late May. Traveler numbers surged by over 62% month-on-month in…

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Pakistani police surround Imran Khan's home

A speech by the ex-PM was barred from TV over “threats” against political foes, while YouTube was blocked nationwide Ousted former Pakistani Prime Minister Imran Khan has been charged with violating the country’s anti-terrorism laws for allegedly threatening a female judge and two senior police officials during a rally in Islamabad on Saturday night. Video…

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