The diamond market disrupted

Fed chair Kevin Warsh used his speech at the annual Jackson Hole gathering of central bankers to tell bond markets he was serious about keeping a lid on inflation and everyone should calm down. Bond markets responded by pushing long-term borrowing costs to new highs. Today on the ...  Show more

Canada and the US reached an impasse over trade this week, as Canadian Prime Minister Mark Carney refused to meet the demands of US President Donald Trump. Today on the show, senior trade writer Alan Beattie joins Katie Martin and Rob Armstrong to discuss the future of tariffs. A ...  Show more

The natural diamond industry is facing an existential threat: lab-grown diamonds. They’re chemically and physically identical to natural stones, and they're just a fraction of the price. Eleanor Olcott, the FT’s China technology correspondent, travelled to the epicentre of lab-gr ...  Show more

It’s the 2000s and the diamond cartel is dead. Now, De Beers must adjust to its new status as the market leader rather than the monopoly. But the threats to its business aren’t going away. Diamonds are losing their luster with the young, and Zimbabwe’s undermining the industry’s ...  Show more

India's massive diamond industry is grappling with a prolonged crisis. Western sanctions on big miner Russia, inflation in the US and a downturn in China have hit the industry which cuts and polishes nine of ten diamonds in the world. Exports from the world's top diamond expor ...

A few years ago you could have assumed all diamonds had been dug out of the ground – but now it’s true that some of them have been created, at unbelievably high temperatures, in just a matter of weeks. In the first of two Business Daily programmes about the evolving diamond marke ...  Show more