Summary Singapore state investor Temasek's net portfolio value went up by S$7 billion, bringing the total to S$389 billion in its latest financial year. That's mainly due to investment returns from the US and India. One-year shareholder return rose to 1.6%, from -5% last year. Singapore remains the single largest market in Temasek's portfolio, followed by the Americas and China. Looking ahead, Temasek sees risks in geopolitical tensions between US-China, and the conflicts in Ukraine and Gaza. Nadirah Zaidi reports....