As per the Wealth-X report, luxury yachts are the most popular luxury asset acquisition as eight of the ten billionaires in the list own these luxury vessels. As money for them is no object, these billionaires have "spared no expense in indulging their …

I'm aboard the good ship Chappe – a luxury catamaran offering hot showers and queen-sized beds, which feels as homely as a lagoon-side villa – for a sailing charter through French Polynesia's Society Islands. This trip will take me through one of the …

James Campbell of Riverfront Cruise and Anticipation Yacht Charters LLC proposed a restaurant and banquet facility, potentially combining River House activities with cruises. Kathleen Robinson of Stirlings LLC submitted plans for a 15-room boutique inn …

A boat captain is facing up to life in prison after admitting he smuggled more than 1,100 pounds of cocaine — with a street value of about $14.5 million — into South Florida on board a luxury charter yacht called Secret Spot. Jonathon Costenbader, 34 …

China Banking Regulatory Commission's Shanghai branch asked banks to pay “high attention” to financing risks of the city's commercial real estate, China Business News reported on Dec. 5, citing a notice issued by the regulator. The regulator said the …

Regardless, what is clear at this juncture is that since the financial crisis, investor appetite for anything luxury, from fashion to real estate, remains unwavering. And with that, private equity firms have the chance to make a killing. Move up http …

Anthony Handy said “national high–end retailers” are interested in moving into the bottom floor of the historic bank building at 164 College St.; He declined to say who those retailers are. The siblings hope to keep the ornate boardroom, with its high …

MUMBAI/NEW DELHI (Reuters) – India will keep a tight leash on gold imports despite a recent improvement in its trade deficit and lobbying by a bullion industry struggling with high premiums and a supply crunch. The government is worried the trade gap …

The gold market may hold its collective breath this week as investors mine for hints – for anything at all related to tapering – from the Federal Reserve's press conference on Wednesday, which comes after the two-day Federal Open Market Committee meeting.