https://economictimes.indiatimes.co...-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 BHP Billiton CEO Charles Goodyear.
Temasek Holdings' portfolio of investments fell to 127 billion Singapore dollars ($85 billion) as of ..
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 BHP Billiton CEO Charles Goodyear.
Temasek Holdings' portfolio of investments fell to 127 billion Singapore dollars ($85 billion) as of ..