Morgan Stanley to buy all Nippon's Japan hotels
Tokyo: Wall Street investment bank Morgan Stanley has agreed to buy 13 hotels in Japan from All Nippon Airways Co for ¥281.3 billion ($2.4 billion). This is the largest-ever real estate purchase in the country by an overseas investor.

The book value of the hotels is ¥150.3 billion, the Tokyo-based airline said.

Japan offers investors the lowest borrowing costs among major economies and potential returns from the first gain in land prices in 16 years.

All Nippon needs to raise funds to buy new carriers.
The acquisition would add to Morgan Stanley's more than 80 hotel properties worldwide, including the Westin in Tokyo's Ebisu district.

Land prices in Japan rose for the first time in 16 years in 2006 as international and domestic investors competed to acquire properties in the three biggest cities.
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Women netizens outnumber men
Silicon Valley: More and more women are going online in the United States and the trend looks set to continue, according to a new study by eMarketer.

An estimated 97.2 million women, aged three and more, used the Internet in the United States, constituting 51.7 per cent of the total online population.

In 2011, 109.7 million US females are forecast to go online, amounting to 51.9 per cent of the total online population.

The study says women are more likely to go online to get things done, than to have fun as they are too busy juggling work with child-caring responsibilities, to surf the Web for fun.

However 78 per cent of online males watched videos compared to 66 per cent of women. The research said the disparity was because males tended to adopt new technologies more quickly than females, and have greater access to broadband, a must to see video online.
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