Anglo considers devaluing De Beers further as diamond market weakens

Editor’s NoteAnglo American is reportedly weighing another significant write-down of its De Beers diamond business, which would mark the third such…

【India】India restricts precious metal jewellery imports till April 30, 2026: Report

Editor’s NoteThis article reports on new government restrictions on imports of precious metal jewellery until 2026, a measure implemented amid a…

【Switzerland】Richemont, Owner of Cartier, Quadruples Profit in First Fiscal Half

Editor’s NoteRichemont, the Swiss luxury conglomerate behind Cartier and Montblanc, reported a significant surge in its first-half attributable net…

【India】ICRA: Diamond Industry Likely to Decline; Weak Demand, LGD Challenge, and US Tariffs May Have an Impact

Editor’s NoteA new report highlights a significant shift in the global diamond trade. Exports of cut and polished diamonds have fallen to a…

【Zurich, Swit】Cartier Jewelry Shines Despite Downturn… Richemont’s ‘Surprise Performance’

Editor’s NoteThis article highlights a strong start to the year, with overall revenue growth of 7% in the first quarter. The performance was notably…

【China】Behind the Plunge in Diamond Prices: ‘China’s Marriage Aversion’

Editor’s NoteThis analysis explores a significant shift in global diamond markets, linking a sharp price decline to changing social trends in China….

【Surat, Gujar】India’s Diamond Industry Crisis! Surat Faces Worst Recession in 50 Years

Editor’s NoteThis article highlights the severe human toll of the global economic downturn on Surat’s diamond industry, a sector facing its deepest…

【中国】Prices Plunge 35%! International Diamond Giants Take Action! This Measure is Unprecedented

Editor’s NoteThe luxury market is witnessing a significant shift as diamond prices face a sharp decline this year. This article explores the factors…

【Mumbai, Indi】Diamond Industry: US May Halt Import of Real Diamonds from India, Here’s the Reason

Editor’s NoteThis report from Mumbai highlights a significant downturn in India’s diamond trade, driven by reduced global demand. The resulting price…

【India】Lab-Grown Diamonds in India

Editor’s NoteIndia’s lab-grown diamond industry is poised for significant growth, with exports potentially doubling this financial year. As global…