The FSA Spy market buzz – 28 March 2025
JP Morgan Asset Management gets enhanced; Thailand wants some leverage; Natxis is surveying the world; A billionaire here, another there; Business social media lunacy; Andrew Carnegie’s wisdom and more.
Hong Kong tops global competitive ranking
Hong Kong and Singapore ranked first and third as the most competitive countries in the world, with Switzerland coming in second, according to the 2017 IMD World Competitiveness Ranking.
Hong Kong has consolidated its dominance, taking the top spot for the second year.
Switzerland retained its number two slot from last year, while Singapore came in third. The US ranked fourth, its lowest position in five years and down from third last year.
The Netherlands rounded out the top five, jumping up from eighth last year.
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