RAPAPORT… Hong Kong Show activity strong for Far East buyers/sellers on hot demand from Asia; dollar declines drive Indian trade to look past the United States for alternative markets; Ronald Friedman, president of the Diamond Manufacturers & Importers Association of America, talks about a new industry credit reporting tool; and Wayne Prentice explains how his new Troy Diamond Report differs from other pricing guides in the diamond trade....

News: Trading markets active as dealers prepare for important Hong Kong show. Fine quality large 4ct+,G+,VS1+ goods hot....

The GIA Insider published an article noting that although the demand for diamonds of two carats and above is going strong, manufacturers from India – the world`s largest manufacturing center — may soon have to face a decline in demand. The article noted that US and European retailers have reduced orders, and excess inventories reportedly range between $900 million to over one billion dollars....

Sarin Technologies announced that it will be displaying new products for the diamond industry at the upcoming Hong Kong Jewelry and Watch Fair. The company plans to provide information regarding its new `DiaExpert Nano` machine, which was developed for the planning of small stones....