Research
China's urbanization rate to hit 60 pct by 2018 - report
China's urbanization rate is expected to hit 60 percent by 2018, according to a prominent government think tank report, two years ahead of previous official expectations, bringing a potential economic boost to the world's second largest economy.
No slump on Boxing Day as UK shoppers spent over £2.7B
A holiday shopping season slump failed to materialize in the UK as shoppers flocked to stores on Boxing Day, giving British retailers a boost, The Telegraph reported.
Steep discounts raise doubts on profitability of retailers
While shoppers in the UK and the US spent more for the holidays this year, the profit margin for retailers remains in doubt due to steep discounts, the Financial Times reported.
Insurers need to be watched - FT
The problems of Britian-based insurer RSA is a reminder that politicians, regulators and the general public should also put the spotlight on insurance companies and not just banks.