GIC will remain invested in the US even as geopolitical rivalries intensify: SM Lee

Quick Summary:

The United States accounts for over one-third of GIC’s global investment portfolio.

Most analysts believe president-elect Donald Trump’s plan to impose harsh trade tariffs will hurt global economic growth and boost inflation.

GIC also persevered through the dot-com boom and the bust cycle in early 2000s, the 2008 global financial crisis in 2008 and, more recently, the Covid-19 pandemic that threw world markets into turmoil.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndiaUnited States

Topics: “we Mr lee Global Inflation Long-term Gic’s Portfolio Years Fund Continue World

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 17:03:25 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 979 words

Reading Time: 6 minutes read

Sentences: 30 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23583326

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 17 posts per day

Year Established: 1845

Headquarters: Singapore

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Coverage Areas: Singapore

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Publisher ID: #25

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