- Singapore’s state investment company Temasek said the net value of its portfolio grew to 381 billion Singapore dollars (around $283 billion) in the financial year ended March 31.
- The portfolio expansion came as Temasek’s one-year shareholder return jumped to 24.53%, the company said.
- Mukul Chawla, Temasek’s joint head for telecommunications, media and technology, said the company is “very optimistic” about China despite the changing regulatory environment.
Singapore police probe karaoke bars after virus outbreak (Yahoo News)
Police said in a statement late Wednesday they were investigating three nightspots for breaching virus measures by allegedly providing “hostessing services”. Under current virus restrictions, the bars were only supposed to be operating in a limited fashion, providing food and drinks....
