Word: kong
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...Hong Kong may be better known for its char siu bao than its chardonnay, but the wealthy city is making a surprising bid to become one of the world's most important markets for fine wines. Last weekend marked another milestone: In the second of its two major wine auctions held this year in Hong Kong, Sotheby's on Oct. 3 and 4 sold $7.9 million worth of vintage wines, taking the house's total wines sales in Hong Kong to $14.3 million in 2009 - eclipsing its sales totals of $10.5 million in New York and $8 million in London...
...There's an obvious explanation why Hong Kong is suddenly terroir cognito in the wine world. The global recession has gutted the portfolios of wealthy Western investors who are cutting back on their lavish purchases, including spending on vintage wine. Not so for Chinese investors. China's economy has suffered less and bounced back faster from the financial crisis than the economies of the U.S and U.K. At the Sotheby's auction, a six-Liter bottle of 1982 Chateau Petrus Imperial - described as having a sweet leather taste and a pruney finish - was gaveled off to a mainland Chinese bidder...
...next challenge for his handlers: should they risk the reputation of the horse, owned by a Hong Kong businessman, at next month's Breeders' Cup Classic in California? After Dancing Brave won the Arc in 1986, the English-trained horse's career ended on a disappointing note at the same U.S. track. Besides, Sea the Stars, foaled by American mare Urban Sea, herself an Arc winner in 1993, could be worth $160 million if he is retired to stud. (Read "Sports: Furlongs Behind...
...realities of life in the 02138. This campus purports to contain some of the most intellectually curious students in the world. However, many spend countless hours attempting to escape from schoolwork—whether by roaming Lamont aimlessly, Facebook-stalking potential love interests, or downing scorpion bowls at the Kong. When, five hours before the deadline, it’s impossible to avoid that paper any longer, the finished product often turns out less than inspired. What happened to the hunger for learning that so many of us claimed to possess in college application essays...
...Country," classifying nations by their compliance. The Philippines gets the organization's highest rating, having "implemented most of the Code and subsequent World Health Assembly resolutions by means of a comprehensive law, decree or other legally enforceable measure." India and Sri Lanka also top the list. Developed countries Hong Kong, Japan, Singapore and Taiwan come in low, having only instituted a few voluntary provisions, and the U.S. is - in the words of IBFAN founder Annelies Allain - "at the bottom of the pile." Its position in the lowest category 9 indicates that the country has taken no action to implement laws...