China gains $1.7 trillion in total wealth 2016-17

08:13, November 23, 2017

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  Norway's $1 trillion wealth fund proposes to drop oil, gas stocks from index

  Natural gas flares are seen at an oil pump site outside of Williston, North Dakota March 11, 2013. REUTERS/Shannon StapletonNorway’s trillion-dollar sovereign wealth fund is proposing to drop oil and gas companies from its benchmark index, which would mean cutting its investments in those companies, the deputy central bank chief supervising the fund told Reuters, sending energy stocks lower.If adopted

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  Dollar gains vs yen on U.S. data, North Korea missile launch taken in stride

  U.S. dollar banknotes are pictured at a currency exchange office in Diyarbakir, Turkey, November 17, 2017. REUTERS/Sertac Kayar/File PhotoThe greenback was 0.15 percent higher at 111.620 yen JPY=, adding to gains from the previous day when it rose 0.35 percent.The dollar gained against the yen on Wednesday, lifted by strong U.S. economic data while North Korea’s latest missile launch had

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  Jeff Bezos's net worth surpasses $100 bln, could go higher

  The world's richest man gets even richer.Jeff Bezos, the founder and largest shareholder of Amazon, has surpassed the $100 billion wealth mark thanks to Black Friday sales, according to Bloomberg Billionaires Index.With a surge in Amazon's stock value on Friday, Bezos’ wealth reached the 12-digit milestone for the first time. This makes him the first person to cross the $100