Robert Kuok, Asia's seventh-richest man, according to the Bloomberg Billionaires Index, is developing luxury residential and commercial buildings at picturesque Puteri Harbour, where yacht owners dock their vessels. “Iskandar is taking shape as the …

Versa Capital Management believes its investment will be the wind at the back of sportfishing yacht and boat builders Hatteras Yachts Inc. and Cabo Yachts Inc. Versa said in a news release it has bought the operating businesses of the pair from …

By paying workers less, they were able to sell their products for lower prices. Lower prices … Like it or not, we living today are as affluent as we are because of the profits (capital) that those earlier capitalists did not pay out in wages to their …

The warning sent out about a hardware flaw that can expose a Japanese-made luxury toilet operated by an Android application to hacking has a cautionary tale. The notion that an evil-minded, Bluetoothed prankster can manipulate a $5,700 WC to go potty …

“[It's] great for consumers, brutal for component suppliers and handset makers.” A half-decade ago, smartphones were seen as luxury accessories in China, dangled as status symbols by aspirational Beijing and Shanghai residents; back then, Apple (AAPL) …

With the use of tablets and smartphones, consumers audio-visual quality expectations are intensifying. As cars get connected to the external world through WiFi, 3G, 4G, and LTE, the bandwidth needed for in-car networking grows exponentially. "For …

“When I first came to the UK, around five years ago, sake was a luxury product only marketed seriously to affluent consumers. Today, by contrast, a wider audience, including foodie consumers and cultural influencers who are culinarily curious and keen …

Apple's iPod and iPhone in particular are regarded as fashionable products and are popular among high-income consumers due to their advanced functionality. In contrast, brands in luxury electronic gadgets typically have a stronger focus on design and …

Part of Tesla's success is due to the acceptance of plug-in electric vehicles, or PEVs, among U.S. consumers and an overall bounce back in automotive sales. We first saw evidence that the U.S. luxury auto market was coming back in 2011, with spikes in …