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Category NOK

Norway’s sovereign wealth fund plans to reject $1 trillion Tesla CEO pay day

Norway’s sovereign wealth fund plans to reject $1 trillion Tesla CEO pay day

The Norwegian wealth fund has revealed that it will not be backing Elon Musk's $1 trillion compensation package.
Nokia shares rose 21% after Nvidia bought a $1 billion stake for 2.9% ownership

Nokia shares rose 21% after Nvidia bought a $1 billion stake for 2.9% ownership

Nokia shares went wild Tuesday, jumping by 21% after the company said Nvidia is throwing in $1 billion for a 2.9% stake. The Finnish telecom equipm...
USD/NOK: Why Norwegian krone is surging after Norges Bank cut

USD/NOK: Why Norwegian krone is surging after Norges Bank cut

The Norwegian krone is in a strong bullish trend this month, helped by the ongoing dollar weakness. The USD/NOK pair plunged in the last six consec...
Norway’s sovereign wealth fund has increased its indirect exposure to Bitcoin by 192%

Norway’s sovereign wealth fund has increased its indirect exposure to Bitcoin by 192%

Norway’s sovereign wealth fund has increased its Bitcoin exposure by 192.7% since last year. As of June 30, the fund currently has indirect exposur...
Norway turns the heat up on power-intensive crypto mining outfits

Norway turns the heat up on power-intensive crypto mining outfits

Norway plans to impose a temporary ban on power-intensive crypto mining.