Temasek Holdings Reports S$7.3 Billion Loss in FY2023, While Norwegian Sovereign Wealth Fund Expects Quarterly Profit of $84 Billion – The Online Citizen Asia

Temasek Holdings Reports S$7.3 Billion Loss in FY2023, While Norwegian Sovereign Wealth Fund Expects Quarterly Profit of $84 Billion - The Online Citizen Asia

Singapore’s sovereign wealth fund (SWF) Temasek Holdings reportedly lost S$7.3 billion in its 2023 fiscal year. Temasek said its net portfolio value fell 5.2% to S$382 billion from S$403 a year earlier. It also reported a one-year total shareholder return (TSR) of -5.07%. Temasek said the loss was mainly due to changes in accounting standards, … Read more

From Taylor Swift to the World Cup, travelers are paying big bucks to see games and shows abroad

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Taylor Swift performed during the Ellas Tour in Cincinnati, Ohio on June 30, 2023. Taylor Hill/tas23 | Getty Images Entertainment | Getty Images When Taylor Swift’s Hellas Tour takes place in Singapore next year, Ray Ignacio said he would go there whether he had a ticket or not. “Taylor Swift has a huge fanbase in … Read more