HONG KONG (Reuters Life!) - Chinese collectors still have an appetite for classical Chinese art, jewels and rare artifacts, auction house Sotheby's said as it revealed the line-up of its Hong Kong sales, expected to net $221 million dollars. With some once red-hot segments of the Chinese art market, including Chinese contemporary art, still wounded by the financial downturn, more ...

AMSTERDAM (Reuters) - An auction at Sotheby's of more than 160 works of post-war and contemporary art from the Peter Stuyvesant Collection exceeded all expectations on Monday, raising a record 13.6 million euros ($18.6 million). The works on offer in Amsterdam were the property of British American Tobacco The Netherlands and formed the largest collection of such art ...

China is expected to be the world's seventh largest wine consumer by 2013, a study showed Tuesday, as the nation's thirst for vintages continues to grow amid an economic boom. The country will consume around 1.26 billion bottles of wine in 2013, an increase of about 32 percent from 2009, according to findings of Vinexpo, organiser of ...