With limousine pick-ups and on-board chefs, Asia's premium airlines are investing hundreds of millions of dollars on luxury services in a bet on a rebound in business from the wealthy, even as low-cost carriers fly high with the booming middle class …

Wal-Mart Stores Inc said it will open more Sam's Club stores – membership-only warehouse clubs targeting affluent Chinese families – in the next two or three years to cope with the slowdown of its hypermarket business. The world's largest retailer by …

And American consumers have done more than their share. In 2006, we imported $233 billion dollars … It is the first nation to “go gray before it goes green,” that is, the first nation to rapidly age before it becomes affluent. Tremendous problems …

Toyota's Prius, meanwhile, has successfully targeted affluent consumers that are keen to protect the environment, save energy, and adopt advanced new technologies. By contrast, Chinese EV companies, due to their prevailing low-cost strategies and low …

Were you looking for a Cadillac to cross shop against a Bentley Flying Spur? Of course you were. Unfortunately, you're going to be out of luck for some time. Or forever. Cadillac was … The automaker has partnered up with Honda to expedite development …

Gold investors have been getting destroyed in recent weeks, with the yellow metal falling nearly 40% from its 2011 high to this year's low. But it may be premature to declare the end of the yellow metal. Tom Fitzpatrick, Citi's top chartist, reminds us …

1) The U.S. economy is the largest and most productive in the world – The U.S. accounts for one-fifth of global GDP with only 4.5% of the world's population. America's economy is nearly twice the size of China's in nominal dollars. Plus, the U.S. is …

Listening in on BlackBerry communications by world leaders at a Group of 20 summit meeting, as the British did in April 2009, does not seem like a great way to build international trust and economic cooperation. Writing up the operation in PowerPoint …

For most investors, navigating through the financial crisis was a struggle for survival. For cash-flush Qatar Holding, it was a once-in-a-lifetime opportunity. Only today, with the combination of a stronger global economy and the waning influence of …