Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
The Beauty Beneath the Expressway: A Journey from Self to Service 
Glastonbury is as popular than ever, but complaints about the lineup reveal its generational challenge 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
What’s the difference between baking powder and baking soda? It’s subtle, but significant 
Why have so few atrocities ever been recognised as genocide? 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
The number of South Koreans with assets worth over $1 million, or nearly 1.1 billion won, increased by 140,000 on-year to 1.05 million in 2020, accounting for 2 percent of the worldwide total.
Last year, there were 5.2 million people worldwide that became millionaires, pushing the total to 56.1 million.
It was the first time that millionaires made up 1 percent of the world’s adult population, according to the “Global Wealth Report 2021,” released by Swiss banking giant Credit Suisse.
The US had the most number of new millionaires in 2020 with 1.73 million, trailed by Germany with 630,000, with Austria coming in at third with 392,000, and Japan ranking fourth with 390,000.
Experts attributed the increase in the number of millionaires globally to ample liquidity caused by governments’ monetary easing policies to deal with the impact of COVID-19 impact, which flowed into asset markets, such as stock and real estate.
Surging asset prices pushed the total global wealth by 7.4 percent to $418.3 trillion last year, while median wealth per adult jumped 6 percent on-year.
However, the pandemic is estimated to have pushed 88 million to 115 million people into a state of extreme poverty, where a person lives on less than $1.90 a day.
