Singapore state investor focuses on US investments

By Agence France-Presse

Jul 11, 2024 12:17 am

SINGAPORE — Singapore state investor Temasek, one of the world's top funds, said on Tuesday it would prioritize investments in the United States after the 'underperformance' of Chinese capital markets over the past year.

Temasek said its net portfolio value rose 1.8 percent in the financial year to March 31, with growth hit by sluggish Chinese markets.

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