News

The renewal season reflects significant changes in market conditions compared to the previous year. 

Total hours people spent in mobile-first markets reached 5.1 trillion hours total.

Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.

In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.

Experts say homeowners are embracing a fusion of timeless elegance and contemporary innovation.

Experts expect the country's economy to grow by 2.7% in real terms next year.

Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.

It can help in content creation and other low-impact tasks.

Unconducive market conditions further drove its decline.

Loans for production activities rose during the month.

Non-interest income and return of assets both fell during the quarter.

The average rate of delinquency was 0.2% by the end of the month.

Banks also witnessed a 13.5% deposit growth for the quarter.

Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.

Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.

Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher-value-added businesses.