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A Quarter Of Over 55ers Live On Less Than £24 A Day, Says Aviva
Insurance giant, Aviva, revealed yesterday that a quarter of those living over the age of 55 survive on an income of less than £24 (US$38) a day. In one...
Young Chinese The Wealthiest In Asia
A recent survey by HSBS has found that China has the highest number of "young-and-rich" in Asia. Furthermore, HSBC has found that investment in assets within the region is...
US Line Up US$6 Billion Deal to Upgrade Taiwan’s Fighter Jets
The Obama administration will upgrade Taiwan’s existing fleet of F-16 fighter jets in a deal worth up to US$6 billion, said a senior US official to Reuters on Tuesday....
World’s Cheapest Car Gets US$4.6 Million Makeover
The world's cheapest car, the Tata Nano, has been transformed overnight into one of the planet’s most expensive models in a publicity stunt that celebrates India’s 5000 years of...
Prada Earnings Leap By 74%
Italian fashion house, Prada, reported a 74% gain in first half profit, beating its own forecast in its June listing prospectus, driven by surging demand in Asia. The company,...
The Italians Have Been Downgraded
Global markets are bracing themselves for another bloodbath after S&P downgraded Italy. The country is the third largest economy in the eurozone, but also holds the second largest debt...
The Future of Transport? Heathrow Airport Launches Automatic Laser-guided Travel Pods
The future is, apparently, now. Barely two years ago, automatic travel pods were just part of an exhibition on the future of transport held at London’s Science Museum. Today...
South Korea Grows Stem Cell Industry With US$90 Million Investment
South Korea’s President Lee Myung-bak has promised to invest 100 billion won (US$90 million) into stem cell research next year, in order to revitalise an industry that was severely...
Wall Street Blocked As Demonstrators #OccupyWallSt
New York City police may continue to restrict access to Wall Street for a third consecutive day, requiring workers and residents to present their identification after protestors staged a...
Key Economic News To Watch This Week
A quick preview of the key economic events for the upcoming week: Monday, 19th September U.S. President Barack Obama attends the UN general assembly in New York. World Trade Organization...


