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CEO Nicolai Tangen said the result is driven by good returns in the equity market, particularly from Asian technology stocks.
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Such profound memory failure has not been seen since back in May 1994, when a notorious bankrupt businessman was being questioned about offshore accounts.
Such profound memory failure has not been seen since back in May 1994, when a notorious bankrupt businessman was being questioned about offshore accounts.
Antje Praefcke at Commerzbank highlights that Norges Bank kept its policy rate at 4.25% in June but signaled a higher chance of another hike, with the year-end rate forecast just over 4.5%.
The Japanese Yen (JPY) trades cautiously against the US Dollar (USD) during the European trading session on Wednesday, with the USD/JPY edging up to near 159.36.
Canadian Dollar (CAD) ticks down from two-month highs as the US Dollar (USD) firms up across the board, with investors bracing for the US Consumer Price Index (CPI) report due later in the day.
David Crowley’s narrow win comes despite betting odds and polls which showed that Hong was the favorite to win.