The world’s biggest sovereign wealth fund wants to alter its strategy — the effects could be global

This would entail dropping their allocation to emerging market currencies, the Japanese yen, the Canadian dollar and the Swiss franc, among others. Norges Bank currently manages more than $987 billion in assets, with 30 percent invested in fixed income. It is the...

China’s military practices for ‘surprise attack’ over sea near Korea

An anti-aircraft defense battalion held the exercises early on Tuesday, near the Bohai Sea, the innermost gulf of the Yellow Sea that separates China from the Korean peninsula, an official military website, www.81.cn, said. Troops traveled to the site from central...