Singapore's Temasek says global economic outlook remains volatile


Ranked among the world's biggest investors, Temasek's net portfolio value fell 2.2% to S$306 billion ($224 billion) in the year to March 2020, the first drop in four years.

SINGAPORE: Singapore state investor Temasek Holdings said on Tuesday that the global economic outlook remained volatile, with the coronavirus crisis and geopolitical tensions creating significant uncertainties in the near term.

Ranked among the world's biggest investors, Temasek's net portfolio value fell 2.2% to S$306 billion ($224 billion) in the year to March 2020, the first drop in four years.

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