Within Temasek’s total portfolio (both listed and unlisted assets), 28% of its assets are in Singapore. In this week’s edition of 4 Stocks This Week, we take a closer look at some of the ...
Ex-GIC Investment Boss Ng Mulls Bid for Singapore Presidency
Ng Kok Song, the former chief investment officer of Singapore sovereign wealth fund GIC Pte, is considering standing in the city-state’s upcoming presidential election.Most Read from ...
What to know about the hotel billionaire ensnared in Singapore’s graft probe
Malaysian property tycoon and hotelier Ong Beng Seng, 77, and Transport Minister S. Iswaran were arrested on July 11 and released on bail, the anti-graft agency said late Friday. The case is the most ...
Carsome waiting for ‘right timing’ for IPO; will launch sales of new EVs: CEO
KUALA LUMPUR] E-commerce platform Carsome is waiting for the “right timing” to revive its dual-listing plans on the Nasdaq in the US and the Singapore Stock Exchange, said chief executive officer Eric ...
Who Is Ong Beng Seng, the Billionaire Caught Up in Singapore’s Historic Corruption Probe?
Singapore’s most serious political graft probe since the 1980s has ensnared a billionaire best known for bringing Formula One racing to the city and who has political ties that go back decades.
Singapore Expands Graft Probe to Include Hotel Tycoon Ong
A rare Singapore graft probe involving a cabinet minister widened Friday after a property and hotel tycoon was issued a notice of arrest in connection with the case.
Four individuals imprisoned in Singapore for market-rigging scheme
Four Singapore individuals have been sentenced for manipulating Koyo International Limited's share prices, resulting in approximately $3.28 million losses.
Singapore’s Economy Grew at Faster Pace in Second Quarter
SINGAPORE--Singapore's economy grew at a faster pace in the second quarter, as strong expansion in construction and services-producing industries outweighed a contraction in manufacturing.
Singapore narrowly avoids technical recession in Q2 as GDP grows 0.7% year on year, 0.3% quarterly
SINGAPORE’S economy grew 0.7 per cent year on year in the second quarter of 2023, dragged by a deeper downturn in the manufacturing sector, advance estimates from the Ministry of Trade and Industry ...
Singapore’s State-Owned Investment Firm Vertex Venture Holdings Raises Over $900M For Its Latest Fund
Temasek Holdings Ltd., Singapore's state-owned investment firm, has raised over $900 million via its venture capital unit — Vertex Venture Holdings — for its latest fund, as reported by Nikkei Asia.
GSK’s Tuas vaccine facility is Singapore’s largest after over $300m investment added: Gan Kim Yong
SINGAPORE - The expansion of British drugmaker GSK’s facility at Tuas has earned the title of Singapore’s largest vaccine production site based on a cumulative investment of some $850 million, said ...
Senco Gold IPO grey market premium rises after allotment; check latest GMP
The Rs 405-crore IPO of Senco Gold was overall subscribed 77.25 times. The issue was open for subscription between July 4-6 in the price range of Rs 301-317 per share.
7 Life Science IPOs in 2023
A handful of biotechs and pharma companies have posted sizable IPOs in 2023, despite a tight economy. Still, the numbers are way down from last year.
Grab, Sea Push Singapore to Lift Digital Banks’ Deposit Cap
Singapore’s new digital banks backed by Grab Holdings Ltd. and Sea Ltd. are pushing the country’s central bank to lift a cap on deposits that they see as hamstringing their growth.
Saudi wealth fund PIF joins Temasek of Singapore in reporting steep 2022 investment losses amid slump in US, China markets
Two of the world’s biggest wealth funds reported steep investment losses in 2022 as markets slumped. More than US$8.8 trillion of value evaporated from benchmark index stocks in the US and Hong Kong.
Singapore’s Investment Conglomerate Temasek Drops Crypto Investment Plans Citing Regulatory Uncertainties
Temasek Holdings faced its worst returns in seven years and had written down a $275 million stake in the now-bankrupt crypto exchange FTX, to zero last year.