Depression runs high among retirees, and not just because of reduced income—in fact, the baby boomers who have recently retired are living a life of relative luxury compared with those of us still a few decades away. No, the reason they get depressed …

Dennis Rodman, the former US basketball star, has described the life of Kim Jong-un as a "seven-star" party with constant cocktails, jet-skis at the North Korean dictator's private island and luxury yachts.

Will he expose the contradictions of capitalism, and pillory billionaires like Omidar who could use their wealth to bail out Detroit, but instead buy luxury yachts and 5,800-square-foot beachfront homes in Hawaii? Or will he use his new found fortune …

Carver and Marquis-brand yachts will complete the range of vessels offered by ADT Marine with the addition of sport coupe and fly bridge luxury style yachts. ADT Marine's first C34 will arrive in Turkey in the spring of 2014. About Marquis Yachts, LLC.

The Los Angeles Times reports that the mansion (which is in the Trousdale Estates area of Beverly Hills) sits on a half an acre of land, and has a swimming pool, 7,265 square feet of living space, city views, an outdoor entertainment area, a screening …

The property is being marketed by Lisa Paladino of Shawn Elliott Luxury Homes & Estates, who also listed the home Reyes purchased earlier this month in Old Brookville. He paid $4.2 million for the brick-and-cedar Colonial. Read more about that here.

For a country with a coastline of over 7,500 km and well over 1.5 lakh dollar-millionaires, India has hardly a marina to park its luxury yachts and boats. The country's lone operational marina is at Kochi, but there has been little movement in this …

Tuesday, 22 October 2013. Claude Niek of CSO Yachts, tells me that CSO Yachts has sold the 37 metre motoryacht Passionata, in an inhouse deal. The yacht was built in 1990 as a luxury classic by Ferronavale with Studio Peterlin Ltd as the naval architect.

It is also looking at increasing import taxes on luxury goods such as cars, private planes and yachts. 4. India: The country's new Central Bank governor, Raghuram Rajan, is expected to introduce policies that would help curb persistent inflation. Aside …