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View Full Version : Singapore's Temasek loses $39 billion in 8 months


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26-10-2022, 12:20 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

https://economictimes.indiatimes.co...-in-8-months/articleshow/4106281.cms?from=mdr (https://economictimes.indiatimes.com/news/international/singapores-temasek-loses-39-billion-in-8-months/articleshow/4106281.cms?from=mdr)

SINGAPORE: Singapore state investment company Temasek lost about $39 billion, or 31 percent of its holdings, in eight months last year as big bets in the financial sector went sour.

The revelation comes just days after Temasek said Chief Executive Ho Ching _ the wife of Singapore's premier Lee Hsien Loong _ would step down and be replaced by former...

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