Breaking News, World News and Taiwan News.

Norway state oil fund thrives on 2010 recovery, posts 9.6% return

OSLO--Norway's state pension fund, one of the world's largest sovereign wealth funds, posted a 9.6 percent return last year thanks to the economic recovery, said Norway's central bank, which manages the fund. The fund weighed some 3,077 billion kroner (389.4 billion euros, US$543.8 billion) at the end of 2010.

That was an annual increase of 437 billion kroner, a figure which consists of new oil revenues as well as returns on the existing fund.

 

 

 

 

 

 

 

 

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search