Singapore state investment company Temasek Holdings is looking to increase its investments in US and European firms even though both regions remain mired in economic uncertainty, a report said.
Temasek is "more bullish than most people'' on both regions as it seeks to capitalise on US companies' edge in sectors like energy, healthcare and technology and European firms' global reach, a top executive told the Wall Street Journal, AFP reports.
"The luxury for us is that we are a long-term investor,'' Boon Sim, Temasek's president for the Americas, was quoted as saying in an interview published Thursday. Full story
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