Talking points

Henry Tang Ying-yen says goodbye to part of his vast wine collection at a Christie's sale expected to fetch some HK$29 million. Wine expert Keith Wong Wing-kit said the lots included some of the rarest and most valuable wines in the world. Tang's love of wine has become an issue in his political career - when as financial secretary he cut duty on wine, and when the discovery of a huge, unauthorised basement at his home, containing a wine cellar, derailed his bid to be chief executive last year.

Current and former top executives from Wall Street high-flyer JPMorgan Chase testify before a US Senate panel about the so-called "London Whale", the rogue trader blamed for a trading loss of more than US$6 billion. The "Whale", Bruno Iksil, accumulated a number of trades in 2010 that were illiquid and increased the risk of the trades to the bank. Bank chief Jamie Dimon saw his bonus slashed by half after the debacle.