NEWSWORTHY

'Good as gold' not good enough: New labels promote ethical metal

Business Apr 21, 2019

'Good as gold' not good enough: New labels promote ethical metal

Forget how many carats — how ethical is your gold? As high-end consumers demand to know the origin of their treasures, some jewelers are ensuring they use responsibly sourced, eco-friendly or recycled gold. Specialized producers now tack a "fairmined" ecologically friendly label on their output, ...

Venezuela removed 8 tons of central bank gold last week: legislator

Business Feb 28, 2019

Venezuela removed 8 tons of central bank gold last week: legislator

At least 8 tons of gold were removed from the Venezuelan central bank's vaults last week, an opposition legislator and three government sources told Reuters, in the latest sign of President Nicolas Maduro's desperation to raise hard currency amid tightening sanctions. The gold was removed ...

Russia treasure ship rumors rile investor waters in South Korea

Business Jul 20, 2018

Russia treasure ship rumors rile investor waters in South Korea

A South Korean company's claim to have found a sunken Russian warship has triggered investor frenzy amid speculation the ship was carrying an enormous amount of gold when it sank 113 years ago. South Korea's financial regulator subsequently issued a warning against possible investment ...

Golden bras put three Taiwan women behind bars

National Mar 19, 2018

Golden bras put three Taiwan women behind bars

Three Taiwanese women have been arrested for allegedly attempting to smuggle about ¥50 million ($470,000) worth of gold into Japan through their bras, the police said Monday. Each woman had two bowl-shaped pieces of gold hidden in pockets attached to their bras, the police said. The ...