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China inflation picks up after Lunar New Year spending boost
China inflation picks up after Lunar New Year spending boost
Economy
by  AFP

Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. The boost in prices last month is "mainly due to higher food prices and tourism-related services prices on an earlier-than-usual Lunar New Year holiday," Goldman Sachs analyst Xinquan Chen wrote in a note on Sunday.

Record gold prices both boon and burden for London jewellers
Record gold prices both boon and burden for London jewellers
Economy
by  AFP

In London's Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs. In Hatton Garden, where diamonds and precious metals have been traded since the Victorian era, pawnbrokers as well as gold dealers and designers operate alongside the jewellery stores.