The flavor of wild strawberries in wine of Palestine

Rampant inflation, the global fuel crisis, recession fears and fiscal tightening from central banks have caused equities and bonds to tank over the past few months. Fine wine has significantly outperformed global equities and most commodities, but market momentum has been ‘much more subdued’ in the second quarter of 2022, said Liv-ex, a global marketplace for the trade. The Liv-ex 1000 – which tracks the performance of 1,000 leading fine wines – increased by 3.6% year-on-year in ster ...

A methuselah of Romanée-Conti 1976 from Burgundy’s vaunted Domaine de la Romanée-Conti was among the highlights in a two-day series of Sotheby’s wine and spirits auctions in Hong Kong last weekend. The six-litre bottle sold for HK$1.25m (US$159,350), against a pre-sale estimate range of HK$1m to HK$1.4m. In a separate spirits auction, a single bottle of Yamazaki 35 Year Old Japanese whisky fetched HK$1m (US$127,440). Rare white Burgundy was also in-demand during the weekend event. Top lot in a f ...

Surging demand for luxury Champagnes in the past two years appears to have changed the region’s profile on the secondary market, said Liv-ex, a global marketplace for the trade. ‘Once a relatively modest price performer, Champagne has become the best performer over the past one and two years,’ said Liv-ex in a new report published this week for members.  Its Champagne 50 index, featuring Krug, Cristal, Dom Pérignon, Salon and Taittinger Comtes de Champagne among others, has risen in value ...