4. Copestake said the return of Tokyo to top of the list came as no great surprise as the Japanese capital had steep real estate costs and rents, as well as high wages fuelling prices.
5. Matt Damon was named best actor in a comedy or musical motion picture for his role as a stranded astronaut in The Martian.
6. Annual shipments by Chinese smartphone manufacturers Huawei, OPPO and vivo rocketed all three companies into the world's top 5 smartphone manufacturers last year, according to the latest data released by third-party market intelligence firm IDC.
Rents at the top end of the market have fallen 6.4 per cent, more sharply than in any other city except Nairobi, according to Knight Frank, the property company. Last year, just after prices fell in September, Adidas, the sportswear group, leased a 13,000 square foot shop in the city for 22 per cent less than its former occupier, Coach, the accessories brand.