Biden’s billionaire tax hits the super-rich. Can a wealth tax work?
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s…
AirAsia’s Tony Fernandes on viral topless post
Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. The summit runs through Sept. 15. Bloomberg |…
More Indian travelers are choosing extreme road trips to see the world
Meenakshi Sai, 51, looks like any other Indian woman, dressed in a saree and sporting a bindi on her forehead. But unlike many women in her country, she’s been driving…
Best passports in the world? See the 2024 Nomad Passport Index
Many passport rankings focus on one factor: visa-free travel. But passport strength is more complex than this, according to the tax and immigration consulting firm Nomad Capitalist. That’s why it…
Debate heats up as Singapore PM says Taylor Swift deal isn’t ‘unfriendly’
Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in the city-state ensured she would not perform in other Southeast Asian countries…
Millennials to become richest generation in history
Soaring rents, rising inflation and student debt are among some of the reasons millennials have struggled to purchase their own homes or build up their savings. Catherine Falls Commercial |…
The Eastern & Oriental luxury train is back — here’s what it costs
After nearly four years, the Eastern & Oriental Express is back on the rails. The train, which is operated by the luxury travel company Belmond, this week welcomed its first…
Record number of travelers visit city this winter
For many Chinese, Harbin conjures images of ice and steel, a city both cold and tough. But this winter, the heavily industrialized city morphed into a warmly welcoming host, drawing…
LVMH luxury watches at Watch Week in Miami
Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed watch division and an array of new, higher-priced models. Sales…
LVMH shares jump 8% as earnings point to luxury sector resilience
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024.…