Sun, Dec 16, 2007 News Editorials 629916254 visits
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    The fresh young face of today's rare wine buyer

    The growing trend in the world of fine wine is toward auctions with international, and often online, bidders
    Rare wine auctions, such as one that is taking place this weekend in Paris and is expected to rake in a record 2 million euros (US$2.8 million), are becoming increasingly popular with wealthy international buyers, especially from China and Russia.

    [ FULL STORY ]


    Foreign banks vie for share of Vietnam market

    Foreign banks trying to gain a foothold in booming Vietnam face a tough cultural barrier: Most people don't use banks and many don't trust them.

    [ FULL STORY ]


    Weak US dollar drawing crowds of spend-happy Europeans

    Tourists aren't only taking advantage of favorable exchange rates, they're also unwittingly helping the US through what might otherwise be an economic disaster
    By Kate Hammer and Julia Werdigier
    Margaret Dragonette arrived in New York last week -- three nieces, a cousin and loads of empty luggage in tow. By the time Dragonette, an administrative assistant for a nonprofit in Liverpool, was heading home, her group had filled six large suitcases and five carry-on bags. The bags were so stuffed with Juicy Couture T-shirts, Guess watches and Croc sandals that her nieces would have to wear onto the plane the Ugg boots she was giving them for Christmas.

    [ FULL STORY ]


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