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Asia-Pacific expected to be world's richest region by 2018

[SINGAPORE] The Asia-Pacific is expected to be the world's wealthiest region by 2018, with total aggregate wealth of US$110 trillion, thanks to strong economic growth. Credit Suisse Research Institute forecasts in its 2013 Global Wealth Report that by that year, the region's wealth will exceed North America's US$107 trillion and Europe's US$100 trillion.

This year, the Asia-Pacific had US$74 trillion in wealth, behind North America with US$79 trillion and Europe's US$76 trillion.

Fan Cheuk Wan, Credit...

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