UNCTAD, or the United Nations Conference on Trade and Development, has published the latest version of the Global Investment Trends Monitor.

The report revealed that developing Asia, for the first time, surpassed North America and Europe to become the world’s largest investor region, with US$440 billion invested in 2014.

China’s Hong Kong performed well last year. Its investment by transnational corporations (TNCs) surged to a record high of US$150 billion, making it the second largest investor in the world after the United States.

The Chinese mainland ranks number three, and its investment by TNCs reached a new high of US$116 billion.

The following are the top 10 investors in 2014.

 Singapore

Singapore [File photo]

Investment by TNCs (transnational corporations): US$41 billion