financial distress

【Hong Kong】Is Hong Kong Tycoon Joseph Lau Really at the End of His Rope? Once Spent HKD 230 Million on a Blue Diamond for His Daughter, Now Selling at a 20% Discount

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Editor’s NoteThis article revisits the 2014 purchase of a record-breaking blue diamond by Hong Kong billionaire Joseph Lau for his daughter. It…

【Surat, Gujar】Jobs Lost, Factories Shut; 71 Suicides in 18 Months: The Lives of Surat’s Diamond Workers on the Brink of Ruin

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Editor’s NoteThis story from Surat illustrates how global economic shifts can reshape local lives. As demand for diamonds wanes, skilled artisans…