Macau casino magnate Stanley Ho on Tuesday accused his family of stealing shares in his business empire and leaving him with "almost nothing" after a share restructuring he said was done without his consent. Ho had not authorised the transfer of shares in his holding company, Lanceford Co, to his family members that was announced
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President Dmitry Medvedev placed the blame on Tuesday on a lapse in security for allowing a suspected suicide bomber to kill at least 35 people and wound scores at Russia's busiest airport. There was no immediate claim of responsibility for Monday's attack at Moscow's Domodedovo airport, but the action bore hallmarks of militants fighting for
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. Prime Minster Naoto Kan is seeking multi-party talks on tax and social security reforms as a top priority, as a rapidly ageing population weighs heavily on the pension system and threatens to drive Japan deeper into debt. Japan's public debt is already nearly 200 percent of GDP, the highest among advanced countries, while its
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The effective size of Europe's financial rescue fund should be increased and its banks need rigorous stress-testing to help restore market confidence, the IMF said in a report released on Tuesday. The link between weak balance sheets of European banks and governments was a primary reason why the International Monetary Fund said global financial stability
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A package of U.S. tax cuts should give a lift to a global economic recovery that had already begun to gain speed late last year, the IMF said on Tuesday as it revised its world growth forecast higher. In an updated World Economic Outlook report, the International Monetary Fund said the global economy would likely
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A suicide bomber killed at least 35 people at Russia's busiest airport on Monday, state TV said, in an attack on the capital that bore the hallmarks of militants fighting for an Islamist state in the North Caucasus region. President Dmitry Medvedev vowed to track down and punish those behind the bombing, which also injured
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Luxury watchmakers are increasingly turning to online social network sites and forums to promote their products and satisfy a growing appetite for information about luxury timepieces, particularly in China. Selling a luxury watch online remains out of the question for most upscale watch manufacturers but interactive websites, such as Facebook or Twitter, are precious tools
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At least 31 people were killed and more than 100 injured on Monday in a suicide bombing at Russia's biggest airport, Russian news agencies reported. Russia's rouble-dominated stock market MICEX fell by nearly two percent following the blast, which ripped through the baggage claim area at Moscow's Domodedovo airport at 1332 GMT. Smoke wafted out
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Dubai's boom may have fizzled, but you can still live the high life perched atop the world's tallest building as the glitzy Gulf emirate unveils one of the world's highest restaurants. At.mosphere, on the 122nd floor, is one private elevator ride up the glass and chrome Burj Khalifa. Its designers say that At.mosphere, touted as
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– Says virtual friends can't replace real ones – Warns of parallel existence, depersonalisation, alienation Pope Benedict gave a qualified blessing to social networking on Monday, praising its potential but warning that online friendships are no substitute for real human contact. The 83-year-old pontiff, who does not have his own Facebook account, set out his
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