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Hong Kong Retail Sales Fall Sharply in May

Sales of jewelry and other luxury items in Hong Kong plunged in May, even as the market showed signs of recovery amid an easing...
gold bar

Gold Prices Reach Seven-Year High on Fears of Second Wave of COVID-19 Infections

The price of gold, which has already increased significantly during 2020, hit new seven-year highs this week surging past US$ 1,773 per ounce. The...

Lukfook sets sights on China expansion

Luk Fook Holdings (International) Ltd is counting on the growth of middle-class consumers in China to boost its business, with the retailer targeting to...

Diamonds Do Good’s First Virtual Meet to Offer Global Insights on Natural Diamond Industry

Non-profit organisation Diamonds Do Good, formerly known as the Diamond Empowerment Fund, will bring together key leaders from the retail and diamond sectors to...
Alrosa

ALROSA suspends works at its Inter mine for up to 2 weeks

ALROSA decided to suspend works at its Inter underground mine as several employees were tested positive for the coronavirus infection. Operations are expected to...
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