World’s best whisky, made in China

A whisky made in Taiwan has taken the title of world’s best single malt whisky 2015 for its “sweet pruney” flavors and dry, walnut finish. After Jim Murray’s Whisky Bible named The Yamazaki Single Malt Sherry 2013 from Japan the best in the world, another group has proclaimed the Kavalan Solist Vinho Barrique Single Cask Strength whisky from Taiwan the world’s best single malt whisky 2015. It’s an outcome that rubs salt into the wounds of Scotland’s whisky industry and boosts Asia’s reputation as a formidable player in the spirits market. It’s also an impressive feat for a distillery that only just released its first bottle of whisky in late […]

Luxury loans trending in Asia

Hong Kong’s ladies-who-lunch are indulging in a smart new trend — cashing in luxury handbags for quickie loans in the Asian style capital. Luxury purses by brands like Hermès, Louis Vuitton and Gucci can all be used to secure a loan in less than half an hour, with specialist pawnbrokers providing cash at up to 80% of a bag’s value. Yes Lady Finance Co. offers the first specialized loans against pricey purses in Hong Kong, a city with around 200 licensed pawnbrokers and nearly a thousand shadier backstreet operations. The company’s “brand name handbag loan” provides cash in half an hour in exchange for luxury bags from big name brands. […]