HoHoHo, the rubbish in Temasek’s stocking
The size of Temasek’s portfolio has doubled since it lost $40 billion during the globalfinancial crisis of 2008/2009 due to losses on Western banks such as Bank of America (BAC.N). But returns lagged Temasek’s own internal metric of making gains above the cost of capital in five out of the last eight financial years, its...
Is Singapore turning against China?
Two articles in the media on 17 Dec, one questioning the deployment of American spy planes in Singapore to conduct missions in the South China Sea to provoke China, and another saying that more SE Asian countries are turning against China, plus a few more articles repeating the American’s anti China position in the South China...
HoHoHo, StanChart’s rights issue is juz first-aid
Temasek is willing to give Standard Chartered (STAN.L) time to work on its turnaround before deciding on the fate of its underperforming $4 billion (3 billion pounds) stake in the UK bank as part of a portfolio reshuffle, people familiar with the matter said. … “Temasek is giving them time. They’ve had a lot of engagement...
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