Posted on 12 April 2016.
Singapore edged past Hong Kong to become the world’s third top financial centre, according to a survey by London-based research firm Z/Yen Group released last Wednesday.
Singapore ranks behind London and New York, and two points ahead of Hong Kong on the Global Financial Centres Index. Tokyo came in fifth. Singapore’s two-point lead, is fairly insignificant, according to the report. It came in fourth in the previous survey in September last year, behind Hong Kong.
Contributed By Sonia Narula
News of Delhi
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