Dubai’s commodities hub plans Gulf’s first blockchain-backed facility

Dubai Multi Commodities Centre (DMCC) plans to create the first precious metals refinery and storage facility in the Gulf region enabled by blockchain technology. The facility will refine and store precious metals including gold, silver, platinum, palladium and rhodium, which will be tokenised on goldexchange.com, a secured trading platform, it said in a statement. As […]
Buying diamonds in lockdown? WhatsApp can be your best friend

MILAN (Reuters) – As Italy entered a new coronavirus lockdown and shut shops in March, Genoa-based jeweller Gismondi 1754 turned to messaging service WhatsApp to sell a 300,000 euro diamond ring to a wealthy Swiss client.
World stocks hit record high as bond yields ease

TOKYO (Reuters) -Global stock markets rose to a record high on Wednesday as bond yields eased after data showed U.S. inflation was not rising wildly as the economy reopens.