Despite having a tradition that is rooted in utilitarian logic, today's “fine timepieces” are pure luxury items. They are in fact designed to excel at costing a lot. For many companies that is a matter of pride: being able to claim that their product …

Since 2007, Jackson had used the money to pay for living expenses, vacations and luxury items such as a Rolex watch.His wife, Sandra Jackson, was sentenced to one year in prison and one year of supervised release. — From wire reportsFormer U.S. Rep.

Minister of Finance Yair Lapid signed an order today (Thursday), approving the increase of taxes on luxury items. Among the items that fall under purview of the tax increase are: large refrigerators, wide-screen televisions, yachts, luxury cars, ATV's …

Around 26 per cent of papers are expected to given A* or A following a toughening up of the “gold standard” qualification combined with rules that effectively stop examiners awarding too many top grades. Experts are predicting that the proportion of …

India's consumption of gold rose to 310 tonnes in the second quarter ended June, highest in the last 10 years, despite government curbs to restrict imports to rein in burgeoning current account deficit, a WGC report said on Thursday. Much of the demand …

NEW DELHI (Reuters) – India turned the screw on gold buying again on Wednesday, banning imports of coins and medallions and making domestic buyers pay cash, a day after hiking bullion import duty to a record 10 percent. The government is trying to curb …

Assets in the SPDR Gold Trust, the biggest bullion-backed exchange-traded product, climbed yesterday to 913.23 metric tons after gaining on Aug. 9 for the first time in two months. In China, the second-largest consumer, the volume for Shanghai's …

NEW YORK, Aug 14 (Reuters) – Paulson & Co more than halved its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund, in the second quarter, when the bullion price lost nearly a quarter of its value. The prominent U.S. hedge …

"Following on from the positive momentum in our first quarter, we rolled out several new initiatives including Prestige, our premier service proposition, that caters to the affluent individual as well as our second co-branded credit card product Ayadi …