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Keppel Offshore & Marine paid fines and damages of US$65 million to Brazilian authorities over corruption case

SINGAPORE — Keppel Offshore & Marine (KOM) is said to have paid…

Adani Group releases 413-paged response against allegations of “brazen” market manipulation and accounting fraud

INDIA — The Adani Group has released a page 413-paged response to…

Temasek and GIC reportedly in talks with Adani Group accused of “brazen” market manipulation and accounting fraud

Three months ago (Oct 2022), Indian billionaire Gautam Adani, said to be…

US regulator questions VCs’ due diligence work prior to investing in FTX; Ho Ching says Temasek can afford to be contrarian

The US Commissioner for Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero, questioned the…

Temasek and EDBI backed Zilingo enters liquidation

Singapore-based fashion technology start-up Zilingo has entered liquidation, as its ACRA record…

Google announces 12,000 job cuts globally, cites changing “economic reality”

NEW YORK, UNITED STATES — Google’s parent company Alphabet announced about 12,000…

Timeline: Twitter mayhem since Elon Musk’s takeover

Since buying Twitter, Elon Musk has made radical changes that have sparked…
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  • 18 December 2022

Reuters: Temasek-owned PSA International considering multibillion-dollar exit from Hutchison’s port business

SINGAPORE —   PSA International, port operator fully owned by Temasek Holdings, has…

Billionaire Oei Hong Leong to take substantial stake in A-Smart Holdings Ltd at a 50% premium

SINGAPORE — Singapore billionaire Oei Hong Leong is set to acquire a substantial…

Alibaba dumps shares of India-based Zomato while Temasek goes in to support

INDIA — It was reported last Thursday (1 Dec 2022) that Singapore’s investment…