Led by the industrial revolutions of the 19th and 20th century, urbanisation was traditionally associated with more economically developed countries. Work-hungry individuals sought the income and services such as healthcare and schooling that many cities had to offer.
Since the turn of the century this trend has become truly global. Figures show 55% of the world's population now live in towns and cities, equating to 4.2 billion people, up from 751 million in 1950. ...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday