Singaporeans emerge as gloomiest in Asia over their future

Although they purchased the most insurance in the region, the city-state's residents have the lowest level of confidence and satisfaction about life among 2,400 respondents from eight economies.

The findings of the study conducted by AXA Life Insurance were published in The Straits Times.

Singapore emerged with the lowest score of 59.2 on AXA's Life Outlook Index, compared with the regional average of 71.6.

India topped the list with 87.2, followed by the Philippines at 85, China at 75.1, Thailand at 74.3, Indonesia at 69.9, Hong Kong at 67.7 and Malaysia at 66.2.