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...increasing economic integration with Shenzhen, the Chinese boomtown located next to Hong Kong. A mere fishing village when it was designated, in 1979, as the hothouse of China's economic reforms, Shenzhen now has a population rivaling that of New York City, a deep and comparatively inexpensive labor pool, and a robust manufacturing and high-tech sector - all attributes that Hong Kong would like very much to take advantage...

Author: /time Magazine | Title: Beijing's Brokers | 1/17/2008 | See Source »

...correct, they'll fit right in. Many of the homes in this neighborhood are owned by foreigners who paid more for them than most people make over five lifetimes. The house next door, which has a pool under the driveway, is owned by an Arab family who bought it for $20.5 million. And a few minutes' walk away, in Kensington Palace Gardens, Indian steel magnate and Britain's richest man Lakshmi Mittal owns a manse that's reportedly worth about $112 million...

Author: /time Magazine | Title: Ritzy Business | 1/17/2008 | See Source »

...thousand bucks - after all, the weather's better in Monaco. When Scorpio Partnership, a wealth management-strategy think tank, asked affluent clients why they chose London over, say, New York City, Paris or Munich, the good reputation of Britain's schools, the country's political stability, the growing pool of talent in the financial-services sector and historical ties to Britain were frequently offered reasons. "Another thing is the legitimacy, particularly for foreigners coming from emerging markets like Russia," says managing partner Sebastian Dovey. "They might pay less tax in Russia, but they don't know where the country...

Author: /time Magazine | Title: Ritzy Business | 1/17/2008 | See Source »

Dean of Admissions and Financial Aid William R. Fitzsimmons ’67 said Wednesday that the figure now stands at 27,278—up from last year’s pool of 22,955—and may increase slightly in the coming days...

Author: By Arianna Markel, CRIMSON STAFF WRITER | Title: Harvard Reports Jump in Applicants | 1/16/2008 | See Source »

Women composed just over half of the applicant pool this year, the admissions office said, and a larger-than-average increase in applicants was reported from the Mid-Atlantic and the South...

Author: By Arianna Markel, CRIMSON STAFF WRITER | Title: Harvard Reports Jump in Applicants | 1/16/2008 | See Source »

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