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Mercer Global Pension Index: Norway Ranks #4

Business

Category: Accounting / Financial

Norway’s income retirement system was ranked in the Melbourne Mercer Global Pension Index for the very first time this year. The index is widely perceived as the authority index on global pension systems, now measuring 30 countries and covering 60% of the world’s population. Although ranking a credible 4th place with an overall index value of […]

Source: Mercer

Published: November 18, 2017


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Norway Keeps Rates at Record Low to Back Recovery From Oil Slump

Business

Category: Accounting / Financial

Norway’s central bank kept its benchmark interest rate at a record low to help support an economic rebound from the worst oil-industry crisis in a generation.  The bank left the key deposit rate at 0.5 percent on Thursday, without giving updates on its forecasts since it’s a so-called interim meeting. Norges Bank still appears to […]

Source: Bloomberg

Published: November 18, 2017


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Norway oil fund posts sixth straight quarter of gains

Business

Category: Accounting / Financial

Norway’s $1tn oil fund took advantage of benign market conditions over the summer to post its sixth consecutive quarter of positive returns. The world’s largest sovereign wealth fund returned 3.2 per cent in the third quarter with strong stock markets ensuring its equity portfolio gained 4.3 per cent while bonds delivered a 0.8 per cent […]

Source: FT

Published: November 18, 2017


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DNBs USA-sjef Giacomo Landi ser flere likhetstrekk mellom 1987 og 2017

Business

Category: Accounting / Financial

– Det store spørsmålet mange stiller seg for tiden, er hvorfor ikke finansmarkedene er berørt av de politiske urolighetene i Washington. Jeg har ikke noe entydig svar på det. DNBs USA-sjef Giacomo Landi står bredbent på kanten av en halvferdig skyskraper i Hudson Yards, 395 meter over asfalten. Her er ingen vegger eller vinduer, bare […]

Source: Dagens Næringsliv

Published: November 18, 2017


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Norway sees growth pick-up, but keeps oil fund spending high

Business

Category: Accounting / Financial

Norway’s government raised its economic growth forecasts for 2017 and 2018 on Thursday and said it would keep a lid on the proportion of oil revenues it spends in next year’s budget. Norway has increasingly relied on the sovereign oil fund, now worth a record $1 trillion, to boost state revenues during a two-year slowdown […]

Source: Reuters

Published: November 18, 2017


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