Hong Kong has become the world’s top wealth hub, surpassing Switzerland. Offshore assets in Hong Kong reached $2.9 trillion in 2025. Global private fortunes also saw significant growth. Emerging markets are set to add substantial wealth by 2030. Hong Kong’s lead is expected to grow, driven by China’s economy and its IPO market.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest