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Global wealth expanding, despite challenges: Credit Suisse report

Genevieve Cua
Published Mon, Oct 21, 2019 · 09:50 PM

Singapore

GLOBAL wealth continues to rise, says the Credit Suisse Research Institute's Global Wealth Report 2019, despite the risks posed by the ongoing trade war and other geopolitical tensions.

Global wealth rose 2.6 per cent to US$360 trillion in 12 months to mid-2019, contributed mainly by the United States (US$3.8 trillion), China (US$1.9 trillion) and Europe (US$1.1 trillion).

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