Asia’s new financial centre


Back to normal: Singapore successfully shifted to endemicity earlier this year and has reopened without restrictions. — AFP

Hong Kong has lost its crown as Asia’s premier finance centre to Singapore in a global ranking list where New York and London maintained their number one and two spots.

Singapore jumped three places to third in the twice-a-year Global Financial Centres Index (GFCI) which assesses 119 cities around the world and was published late Thursday.

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