My first sip of a great Japanese single-malt whisky was back in 2004, when the 18-year-old Yamazaki was first introduced into the U.S. I found its suave smoothness and elegance as sleek as a new Lexus. It had the familiar spicy, caramel-and-honey notes of a luxury single malt from Scotland but with its own exotic appeal from partial aging in Japanese mizunara oak.
Billionaire Nobutada Saji’s Suntory Holdings Ltd. got a cool reception for its acquisition of whiskey maker Beam Inc. as rating companies threatened a downgrade and investors predicted rising borrowing costs.
The Standard & Poor’s 500 Index fell for the week, after touching an all-time high, as weaker-than- estimated earnings at companies from Citigroup Inc. to CSX Corp. offset an improving outlook for the global economy.