GIC

Starbucks Korea suffers first loss in 27 years on ‘Tank Day’ debacle

SCK Company, which operates Starbucks in South Korea, sank to an operating loss of 18.4 billion won (S$16.6 million) in the three months through June.

Anthropic, GIC and Macquarie form venture to build AI data centres

GIC and Macquarie pledged to fund a bulk of the equity for each data centre project, while Anthropic committed to covering any consumer electricity price hikes from the facilities.

FalconX cuts 10% of jobs amid crypto slump, including half of Singapore staff: Sources

FalconX is the latest crypto company to trim its workforce, following Crypto.com, Coinbase Global and Gemini Space Station, as the industry faces a prolonged bear market.

Anthropic and Eli Lilly: GIC doubles down on AI investments with an eye on risks

GIC, whose portfolio includes San Francisco-based start-up Anthropic, spots more opportunities in the years ahead to invest in companies that have used AI to transform and grow.

Singapore’s GIC posts lower returns as wars, tariffs turn global markets volatile

For the 20-year period that ended on March 31, the annualised US-dollar nominal return of GIC’s portfolio was 5.6 per cent.

Apple supplier Luxshare leads $7.8 billion IPO wave in Hong Kong

Cornerstone investors - which include Temasek and GIC - have agreed to buy US$1.5 billion worth of the AirPods maker’s stock.

Sony, GIC near $5 billion deal for Bieber, Neil Young music catalogue: Sources

Sony is in exclusive talks to buy Recognition Music Group, which either owns or manages the rights to more than 45,000 songs, including the works of Justin Bieber (pictured).

GIC earns nearly 4 times on its investment in Malaysia-listed Sunway Healthcare

Growing demand has translated into Sunway Healthcare’s IPO being overall oversubscribed by over 5½ times.

Anthropic finalises $37 billion funding round co-led by GIC at $479 billion valuation

Anthropic has completed a deal to raise US$30 billion (S$37.9 billion) in funding from investors at a US$380 billion valuation.

GIC-backed Thai start-up considering IPO in Hong Kong or New York

Line Man Wongnai raised US$265 million in a funding round in 2022, led by Singapore’s sovereign wealth fund GIC and Naver, propelling its value to more than US$1 billion. The company has about 10 million monthly active users.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.