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$3B WWII Wreck and Other Sunken Treasures Around the World

Treasure hunter Greg Brooks claimed he has located the wreck of a World War II British merchant ship that was carrying a load of platinum now worth $3 billion. The ship was torpedoed by a German U-boat off Cape Cod during World War II and should Brooks' location of the ship proves accurate, he will find one of the richest sunken treasures ever discovered.
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London Boat Show

London Boat Show diversifies into art and jewels

The grey-haired men stood admiring the line of luxury cars at London's ExCel centre while at a nearby stand a woman handed over money for a silver cigarette case -- not the usual things you would expect to buy at a boat show.
Barbara Cook

Barbara Cook Among 5 Who Got Kennedy Center Honors

Legendary singer Barbara Cook, 84, was among the five artists who received a 2011 Kennedy Center Honors this week. The other recipients include Neil Diamond, Yo-Yo Ma, Sonny Rollins and Meryl Streep.
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Dressed in Black, Did Kate Middleton Remind You of Diana?

Kate Middleton or, if one was to be official - Catherine, the Duchess of Cambridge - exuded elegance and style, as she attended a military awards ceremony, The Night of Heroes: The Sun Military Awards at the Imperial War Museum in central London, on Monday. The resemblance to Princess Diana was, in many ways, striking.
Indian Bull

As markets plunge, Asia's wealthy flock to art

In a spacious, luxury apartment perched on the leafy hills of Hong Kong, Kai-Yin Lo browses through a trove of Chinese art acquired over several decades, reflecting how her niche, scholarly pursuit has now hit the mainstream.
Gold sculpture in a Chow Tai Fook store

World's Largest Jewelry Retailer Goes Public

For tycoon Cheng Yu-Tung, 86, listing his jewellery retailer Chow Tai Fook, the world's largest, on the Hong Kong Stock Exchange paves the way for his younger generation to strengthen its position in China's glittering market.
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Sky's the limit for Elizabeth Taylor gem sales

Wealthy jewelry collectors, movie fans and the just plain curious are training their eyes on this week's auctions of Hollywood legend Elizabeth Taylor's collection of jewelry, haute couture and memorabilia.
Diamond

Diamond demand to outpace supply growth to 2020-Bain

Chinese and Indian appetite for diamonds will fuel demand growth of more than 6 percent a year over the next decade and almost double the size of the market, far outpacing supply increases limited by a lack of new mines, Bain & Company said in a report.

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