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Norway's wealth fund suffers biggest loss in 4 years

Published Wed, Oct 28, 2015 · 09:50 PM

Oslo

THE world's largest sovereign wealth fund posted its biggest loss in four years dragged down by Chinese stocks and Volkswagen AG, just as the Norwegian government prepares to make its first ever withdrawals to plug budget deficits.

The US$860 billion fund lost 273 billion kroner (S$45 billion) in…

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