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Vietnam Investigates Massive Diamond Smuggling Ring Linked to Leading Jeweller
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Vietnam Investigates Massive Diamond Smuggling Ring Linked to Leading Jeweller

Vietnamese authorities have launched an extensive investigation into an international diamond smuggling network allegedly responsible for illegally importing more than 28,000 diamonds valued at nearly $11 million, with one of the country’s largest jewellery companies caught up in the high-profile case. Police say the syndicate smuggled diamonds sourced from India into Vietnam via Hong Kong,...

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European Luxury Brands Turn to America’s AI Millionaires as Global Demand Slows

European luxury brands are increasingly focusing on the United States as they seek to tap into the growing spending power of America’s wealthy consumers, particularly those benefiting from the ongoing artificial intelligence and technology boom. Faced with sluggish demand in China, economic uncertainty in Europe, and weakening consumer confidence across several key markets, luxury houses...