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Business trends

Singapore's Temasek plans to invest up to $30bn in U.S. over next 5 years

Will target sectors such as health care, financial services and tech

Singapore's Temasek says that profits from investments in the U.S. and India are cushioning underperformance in China. (Photo by Keiichiro Asahara)

NEW YORK (Reuters) -- Singapore state investor Temasek plans to invest up to $30 billion over the next five years in the U.S. in sectors such as health care, financial services and technology.

"It's an incredibly deep and broad capital market in the U.S.," Jane Atherton, Temasek's head of North America, told Reuters. "The U.S. is really at the forefront of everything that's happening from the AI perspective."

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