None from India in list of world's most expensive cities for expats

Hong Kong is the world’s most expensive city for expatriates, according to an annual cost of living report produced by consultancy Mercer.
 

The finance hub tops an Asia-dominated list with Tokyo in second place, Singapore fourth, Seoul fifth, Shanghai seventh and Beijing in ninth place. Outside of Asia, European and African cities were among the priciest cities for employees. Zurich ranked third and Luanda came in sixth.
 

Currency fluctuations are the dominant reason for Asia topping the list - Hong Kong took pole position from Luanda, reflecting the fall in Angola’s currency. China’s economic growth and efforts to make the