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07.07.26 - 05:24
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Singapore holds top spot as world′s costliest city for the rich, Hong Kong slips to 4th (SCMP)
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Hong Kong now ranks lower among the costliest cities for rich people “living well”, with Singapore the most expensive for a fourth consecutive year, according to Swiss private bank Julius Baer.
This year's “Global Wealth and Lifestyle Report”, released by the bank on Tuesday, assessed the costs of living well in 25 major cities around the world for high-net-worth individuals with bankable household assets of US$1 million or more, based on data about 11 consumer goods and nine services between......
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07.07.26 - 05:12
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Singapore named world′s most expensive city for luxury spending for 4th year running (SCMP)
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Singapore is the world's most expensive city for luxury spending for a fourth consecutive year, as prices on items such as watches and jewellery surge around the globe.
Zurich climbed to second place, edging out London, while Monaco entered the top three for the first time since the survey began in 2020, according to an annual report by Swiss wealth manager Julius Baer Group. Hong Kong and London rounded out the top five.
Zurich's three-place rise was propelled by the strengthening of the Swiss......
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06.07.26 - 08:36
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Singapore Files New Charges in Nvidia Chip Fraud Case (Bloomberg)
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Singaporean prosecutors filed additional charges including money laundering against a key suspect in an AI server fraud case, part of the Southeast Asian nation's growing efforts to clamp down on Nvidia Corp. chips being diverted illicitly to other locations including China....
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