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Tunisian think tank holds conference on China's BRI

Tunisia's International Centre for Strategic, Security and Military Studies (CIESSM) held a conference on China-proposed Belt and Road Initiative (BRI). The conference

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Asia Album: Divers, sea turtles, dragon greet Chinese New Year in Malaysia

Divers, sea turtles and a dragon "dance" together at an aquarium in Kuala Lumpur, Malaysia, Jan. 17, 2020, to greet the Chinese Lunar New Year. (Xinhua/Chong Voon Chung) KUALA LUMPUR, Jan. 18 (Xinh

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Plant-based milk substitute market gets frothy with $225 million for Califia Farms

The market for companies developing dairy substitutes is really getting frothy.In December, the startup Perfect Day Foods announced it had raised $110 million in financing for its dairy replacement an

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China's super-rich eye family office for wealth management: report

China's super-rich community are increasingly interested in using family offices to manage their wealth, a new survey report showed. About 64 percent of the respondent

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Will it be possible to establish a truce in Libya?

Editor's Note: Seymur Mammadov is director of the Eurasian think tank EurAsiaAz and editor-in-chief of Azerbaijan's news agency Vzglyad.az. The article reflects the author's opinions, and not nece

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Richest 1% on target to own two-thirds of all wealth by 2030

Theworld’srichest1%areoncoursetocontrolasmuchastwo-thirdsoftheworld’swealthby2030,accordingtoashockinganalysisthathasleadtoacross-partycallforaction.Worldleader

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Chinese cities on world's richest list

Chinahasshoneinthelatestlistoftheworld'srichestcities,thankstotherapidlyaccumulatedpersonalwealthinthecountry.AccordingtotheWorld'sWealthiestCitieslistreleasedb

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World Bank says global wealth grows while inequality persists

Globalwealthgrewsignificantlyoverthepasttwodecadeswhilewealthinequalitypersists,alatestreportreleasedbytheWorldBankshowedonTuesday.Globalwealth,whichincludespro

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Bill Gates, Jeff Bezos and Buffett are wealthier than poorest half of US

ThethreerichestpeopleintheUS–BillGates,JeffBezosandWarrenBuffett–ownasmuchwealthasthebottomhalfoftheUSpopulation,or160millionpeople.AnalysisofthewealthofAmerica

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World's wealthiest families keep getting richer as markets boom

Just4%oftheworld’srichestfamilieslostmoneylastyearthankstoboomingstockmarketsandmoney-spinningprivate-equitydeals.Researchintotheintenselyprivatelyguardedfamily

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China's middle class to rise to more than third of population by 2030: research firm

Consumer spending expected to reach level currently seen in European Union, according to Economist Intelligence Unit

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China leads Asia in billionaire creation

China led Asia in creating billionaires last year and is set to undergo its first inter-generational billionaire wealth transfer, industrial research showed Thursday.

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Top 5 women billionaires in tech in 2016

Out of 100 billionaires on the 2016 Forbes list of the world's 100 Richest In Tech, five are women, of whom two are from China.

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Top 10 tech billionaires worldwide

Forbes released its 2016 annual list of the 100 richest tech billionaires in the world on August 10.

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Chinese rich population's demand for global asset allocation to increase fast

More rich Chinese are expected to send their assets overseas for better investment returns as the economy continues to open up, according to a report.

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$181 billion Indian black money in tax havens?

Btween six and seven trillion dollars worth of black wealth lies hidden in tax havens across the world, according to a fresh estimate by a trio of senior economists from the Bank of Italy. Indians' share in this is estimated at $152-181 billion, by one calculation.

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China has over 200 million middle class people

The Chinese middle class has grown to outnumber the U.S. middle class for the first time, according to a China Household Finance Survey (CHFS) report in 2015.