What Downturn? Ask India’s Super-RichThe ranks of India’s super-rich are estimated to have grown by 30% to around 81,000 in 2011-12, according to a new study. In fact, many o…

Top Of the Pyramid (TOP India)It was last year that Kotak Wealth and CRISIL Research seized the opportunity to release a report that analyses and tracks ultra HNI tren…

Brazil Government Salaries DisclosedBy Lucy Jordan, Contributing Reporter BRASÍLIA, BRAZIL – In May President Dilma Rousseff passed the Lei de Acesso à Informação (Access to…

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Swiss Grapple Over Executive PayZURICH-After more than four years of emotional debate, the Swiss will vote next year on a new law to allow shareholders to cast binding v…

London’s Luxury Market Home Prices Up as Much as 10% in 2012, Olympic Games Driving International DemandAccording to international real estate firm Engel & Volkers, London home prices have surged by as much as ten percent in 2012 as coming s…

China property: muddling through?China’s property market is showing signs of life. Home sales have jumped in recent weeks and developers are stepping up their purchases o…

Investors Give Chinese IPOs Wary GreetingHONG KONG-A Chinese coal miner managed to raise just over US$900 million in Hong Kong’s second-largest initial public offering so far thi…

Argentina: it’s official, no more dollars!The Argentine government formally announced on Thursday that its citizens will no longer be able to convert their savings from pesos to d…

Brazil economy: colder and colderAlexandre Tombini must be laughing all the way to the (central) bank. The decision of Brazil’s central bank to start hacking away at inte…

India: more good news – over to DelhiIt was not a bad week for the Indian economy, on balance, especially considering the battering it’s taken over the last year. Sure, May e…

Cashing in on foreign banks’ flight from RussiaGermany’s WestLB this week became the latest in a long line of retail banks to pull their operations out of Russia. It also became the la…

Capital flight reversal ‘not due to Putin return’The news this week that the economy recorded an inflow of capital in June for the first time in 11 months could not have come at a better…