Singapore state investor Temasek posts worst return since 2016

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Temasek’s total shareholder return fell 5.07% in Singapore dollars for the year. The net value of the portfolio was S$382 billion in 2023, compared to S$403 billion in 2022. A combination of global events, not seen in recent decades, has raised the cost of capital and squeezed capital flows. Singapore’s state-owned investment firm Temasek posted … Read more