Could diamonds be the new gold?

Trading in diamonds is limited in the United States to the retail market for engagement rings and other jewellery and the back-room bargaining among merchants in places like Manhattan’s diamond district on West 47th Street.


Exclusive: Hedge fund Tyrus moves to Monaco: source

The firm, which runs approximately $2.7 billion and which was founded by Tony Chedraoui in 2009, shifted most of its staff around the start of April, a source familiar with the matter told Reuters.


Singapore's SMX to launch new gold, silver futures

SMX, owned by India's Financial Technologies, is hoping to capitalise on the brisk trading interest in gold and silver futures contracts traded in India, the world's biggest gold consumer, and give potential players the opportunity to hedge via


Canary Wharf Population to Cross 100,000, Times Reports

London’s Canary Wharf financial district will have a working population this year of more than 100,000 for the first time, buoyed by employees from Royal Dutch Shell Plc (RDSA) and JPMorgan Chase & Co. (JPM), the Times reported, citing a propert


NAB, Crescent Wealth Seek To Tap Appetite For Islamic Bonds

Growing appetite for Islamic finance is spurring both large and small Australian financials to boost their offering of Sharia-compliant fixed-income assets, the head of the country's first Islamic wealth manager said on Thursday.