THE TOTE BAG

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Coffee price

According to Reuters,  a total of 93,329 60-kg bags of coffee held at ports including Antwerp, Hamburg, Bremen, Houston and New York awaited grading.  Arabica coffee futures on ICE is nearly 240, down a bit. At the moment, coffee is not flowing smoothly.

"Museum sued over 'stolen' Cezanne"

"A Parisian engineer is sueing New York's Metropolitan Museum of Art to recover a Paul Cezanne painting that he said the Bolsheviks stole from his great-grandfather during the Russian revolution."

"CATHAY TO FLY DIRECT TO CHICAGO" from International Herald Tribune

"Cathay Pacific will begin daily nonstop flights between Hong Kong and Chicago on Sept.1, 2011, the Hong Kong airline said in a statement on Monday. The carrier will also add a third nonstop flight John F. Kennedy International Airport in New York to Hong Kong in May."

"Beauty at a price." from South China Morning Post

"The Oei Tiong Ham Necklace, with an estimated value of up to HK$17.2 million, is one of the exquisite pieces on view at Sotheby's modern Masters private sales exhibition running until tomorrow at the Grand Hyatt Hong Kong. The necklace will be auctioned in New York on December 9."

"MIE oilfield firm may try again for IPO in US"

"New York's famous yellow cabs set for an all-purpose makeover" from South China Morning Post

"An icon of the urban landscape, the humble yellow cab is set to undergo an unprecedented facelift - perhaps the biggest change to the city's street aesthetic since licensed cabs were required to be painted yellow in 1970."


"All three competing designs, submitted by Ford, Nissan and the Turkish manufacturer Karsan, have the rounded, bulky appearance of a minivan. Gone is the cramped legroom of a hybrid car: these interiors feature generously sized back seats and, in Karsan's case, a rear-facing drop seat to encourage conversation among passengers (that, or motion sickness)."

"HK set to top league for wine auctions" from South China Morning Post

"Hong Kong is expected to overtake New York as the biggest wine auction centre by the end of this year, said Rita Lau Ng Wai-lan, secretary for commerce and economic development. Speaking on a radio programme, Laud said more than 500 wine shops had been set up in Hong Kong in the past two years and 45,000 people were now working in the industry. Since the waiving of wine import tax in 2008, Hong Kong had replaced London as he world's second largest wine auction centre, she said. New York is the global leader. A record of 110,000 people visited the four-day wine and Dine Festival last week. Government figures for the first nine months of the year showed that 34 per cent of wine exports from Hong Kong went across the border."

"A Matisse sculpture (pictured) broke the artist's auction record at Christie's sale of Impressionist and modern art in New York." from South China Morning Post