Temasek's fund arm says stock rebound not imminent

Guardian.co.uk
4 Apr 2008

SINGAPORE, April 4 (Reuters) - The worst may be over for global equity markets after the Fed-led rescue of Bear Stearns, but U.S. economic woes and slower earnings will hold back a decisive rally, the fund management arm of Singapore's sovereign wealth fund Temasek said on Friday.

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