News

Cyber insurance market grows 7% to $15b in 2024

Cyber insurance market grows 7% to $15b in 2024

Despite softer demand and rising competition, the sector remained profitable.

China’s coal power generation could peak in 2025

The country is expected to reach its coal power generation peak this year.

Zoho expands finance suite into full ERP solution

The software giant bets on AI, digital payments, and cross-border tools for SMEs.

Asia Pacific outpaces West in AI adoption

Youth, education, and cultural narratives fuel trust.

Global solar PV installation to reach $1.06t by 2035

Renewable energy adoption and government policies are fuelling the growth.

Global renewable energy market to reach $3.875t by 2035

This is being driven by the wider adoption of various clean energy technologies.

APAC’s flood insurance market set for 19.7% CAGR to 2032

Globally, the market is expected to expand 15.6% between 2022 and 2032.

Over 70% of Singaporeans see AI helpful for holiday shopping

Ads also play a role in consumers’ decision-making.

Vaccines market to be valued at $63.7b by 2030

Its expansion is attributed to rapid development and commercialisation.

Asia insurance covers just a tenth of catastrophe losses

Global modelled insured average annual property loss rose to $152b.

Asian reinsurers grow abroad as overseas premiums near half share

US premiums now account for 18% of major Asian reinsurers’ portfolios.

Digital pathology market to be valued at $1.91b by 2032

Thanks to the increasing need for healthcare access in rural areas.

Citi sees APAC convertible/ exchangeable bond issuance hitting record high

Further brisk issuance in H2 2025 will push volumes to highest on record, the bank said.

Global digital shipyard market to reach $7.7b by 2032

Thanks to the push for more efficient and sustainable shipbuilding.

Alternative cancer treatment market to hit $2.16b by 2030

Rising cancer incidence and survivorship rates drive complementary therapies.

India installs 11.3 GW of solar capacity in Q2

Capacity additions surged in the second quarter of the year.

Hong Kong banks urged to simplify hiring to attract top talent

Hiring rose 2.5% among 15 lenders in Asian Banking & Finance’s annual survey.