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Norks Grudersatsning i USA
Category: Financial / Investment
Stian Rustad har gravd dypt i egen lommebok for å sette USA-drømmen ut i spill. Med 200 millioner av egne midler satser sky-gründeren friskt for å erobre et av verdens viktigste markeder. Det er ERP-løsningen 24sevenoffice Rustad har klokketro på. 44-åringen var i sin tid med å starte skyselskapet som skal ha vært et av de […]
Source: Digi
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Norway Signals Earlier Tightening in Bet Inflation Will Recover
Category: Business News
Norway’s central bank indicated it could raise interest rates sooner than earlier anticipated after taking stock of the country’s improved economic outlook and growing signs of tightening by its counterparts around the world. Despite inflation remaining well below target, Norges Bank kept its key policy rate at 0.50 percent (where it’s been since March 2016) while revising […]
Source: Bloomberg
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The World’s Biggest Wealth Fund Hits $1 Trillion
Category: Energy
Norway’s sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar. The milestone valuation was reached for the first time on Sept. 19 at 2:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday. “I don’t think anyone […]
Source: Bloomberg
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Nowcasting Tells the Story: Norway’s Been Fixed
Category: Financial / Investment
If Norwegian central bank governor Oystein Olsen is looking for backing to start normalizing monetary policy after years of record stimulus, he should be reading the newspapers. Or better yet, he could just take a look at Norway’s Financial News Index, a big data tool that plows through financial media for clues on the economy. […]
Source: Bloomberg
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Steady mainland exports growth
Category: Financial / Investment
Exports of goods accounted to NOK 65,3 NOK billion in August 2017, up 8,8 per cent from August last year. Mainland exports show a steady growth trend in 2017. The increase in mainland exports from August last year was 10.2 per cent. Revenues from exports of natural gas jumped, while crude oil declined. The trade […]
Source: SSB.no
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