Singapore’s Sovereign Wealth Fund Dumps Stake In Olympus

The Government of Singapore Investment Corporation Pte. Ltd. (GIC), Singapore’s biggest state investor, has sold off nearly all of its shares in troubled Japanese camera and medical device maker Olympus Corp. – becoming the first major shareholder to have dumped its stake in the company amidst an accounting scandal that has seen Olympus’s market value drop by more than $6.5 billion since...