News

Singapore retail sales up 4.8% in March

Singapore retail sales up 4.8% in March

Total retail sales reached $4.7b, whilst online sales made up 15.7% of the total.

Asia’s commercial insurance rates drop 5% in Q1 2026

This marks the seventh straight quarter of declines across the region.

Asia disasters leave 92% losses uninsured

Insured catastrophe losses totalled $5.2b in 2025 across the region.

Asia-Pacific ventricular assist device market surges on rising disease burden

The market is projected to reach $2.81b by 2031, growing annually at 8.44%.

Brands move from CX to total experience as agentic AI rises: report

Personalisation and integrity remain the top customer experience drivers, whilst trust concerns shape AI adoption.

China manufacturing PMI steady at 50.3 as exports rise

Factory activity settled higher than expected.

Hong Kong insurance records 109,813 new policies

New direct long-term business covered 1.1 million lives in 2025.

Over 60% of older adults make weekly mall visits, study finds

Most visit for dining and essentials, study finds.

Energy prices rise 24% as oil supply drops 10 million barrels a day

Strait of Hormuz disruption triggers largest oil shock since 2022, driving global price gains.

China drives 76% of coal mine methane emissions

Ember says global emissions remain steady.

China and India cut fossil power as renewables overtake coal in 2025

Asia energy mix shifts as global coal generation drops by 63 TWh.

Generative AI in healthcare to hit $30.4b by 2032 on imaging boom

Asia-Pacific is expected to register the highest compound annual growth rate.

Consumers increasingly rely on AI for financial decisions

About 49% of respondents have used AI to assist with savings and investment decisions.