Breaking News and Headlines
Break'n News

Singapore's Temasek holds internal review of $275 mln FTX-related loss

Source: Reuters

SINGAPORE, Nov 30 (Reuters) - Singapore's Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings [RIC:RIC:TEM.UL] has initiated an internal review of its investment in the now-bankrupt FTX crypto exchange, which resulted in a write-down of $275 million.Wong, who is also finance minister, said the loss did not mean state investor Temasek's governance system was not working and "no amount of…

This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.

Read the original source at Reuters