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.
Gold, silver slide up to 2% as fresh US strikes on Iran fuel inflation fears, hurt peace hopes
Gold prices declined on Thursday as U.S. strikes on Iran boosted oil and fueled inflation concerns, impacting interest rate outlooks. Spot gold fell 0.8% to