10 Jul '18, 8am

Singapore's Temasek reports record $235 bn portfolio

Singapore's Temasek reports record $235 bn portfolio

Temasek has since 2011 increased its investment focus on technology, life sciences, agribusiness, non-bank financial services and consumer sectors Singapore investment giant Temasek Holdings said Tuesday the value of its global portfolio reached a record high last year but will temper investments this year owing to brewing trade and geopolitical tensions. Net global holdings expanded to Sg$308 billion ($235 billion) in the financial year ended March 31, up 12 percent from the year before in local currency terms, the company said in its annual report. Temasek, one of the city-state's two main investment vehicles, said it invested Sg$29 billion over the past year and divested Sg$16 billion. "This record net portfolio value... was up Sg$33 billion from last year, bolstered by good global economic momentum and buoyant equity markets," chairman Lim Boon Heng said in the firm's ...

Full article: https://phys.org/news/2018-07-singapore-temasek-bn-portfo...

Tweets

Temasek: DBS will weather Singapore’s fresh pro...

shentonwire.net 10 Jul '18, 11am

Banking group DBS wasn’t likely to face a significant earnings impact from fresh property cooling measures, Singapore weal...

Selling off some #domainnames

namepros.com 10 Jul '18, 5pm

The views expressed on this page by users and staff are their own, not those of NamePros.

A Singapore Airlines A380 landing in Paris.

jetphotos.com 10 Jul '18, 3pm

If you are looking for photos of a specific aircraft type, use this menu. Please note that, due to space constraints, this...

#UMC Reports Sales for June 2018

design-reuse.com 09 Jul '18, 8am

EDA Takes to the Cloud (Sort of) UMC Reports Sales for June 2018 Baidu Accelerator Rises in AI Cadence JasperGold Formal V...

More mixed marriages registered in Singapore last year

More mixed marriages registered in Singapore la...

straitstimes.com 10 Jul '18, 9pm

Some say that love is colour blind and more couples here are proving that to be true. Last year, more than one in five of ...

MAN to demonstrate its electric portfolio at IA...

electriccarsreport.com 09 Jul '18, 6am

Commercial vehicle manufacturer MAN Truck & Bus gave the pre-press conference in Berlin a sneak preview of the innovations...

China trade surplus with US hits record in June...

straitstimes.com 13 Jul '18, 5am

BEIJING (REUTERS) - China's trade surplus with the United States swelled to a record in June as its overall exports remain...

Princess Yachts launch six new yachts with sterling record in profitability

Princess Yachts launch six new yachts with ster...

luxuo.com 10 Jul '18, 6am

Princess’ six new models – R35, F45, V55, V78, Y85 and X95 Princess Yachts has cemented itself as the world’s leading luxu...

Guys I don't think it's working

Guys I don't think it's working

stripes.com 20 Jul '18, 4pm

KABUL, Afghanistan — The United States military is on course to drop a record number of munitions in Afghanistan this year...

How to spend a layover in #Singapore!!

How to spend a layover in #Singapore!!

cruise1st.com.au 14 Jul '18, 4am

Whatever you’re looking from your visit, Singapore’s vibrant, multi-cultural mix of people and places means there’s someth...

Wildfires, Record Highs Scorch California

ecowatch.com 09 Jul '18, 12pm

Wildfires continued to burn across California this weekend, abetted by record high temperatures that caused power outages ...