Savings banks set to come out from long slump in Korea
South Korean savings bank
Seoul - Yonhap
South Korean savings banks' business performance improved sharply in their fiscal 2013 as a result of their efforts to clean out their balance sheets following a series of bankruptcies a few years ago, data showed on Thursday.
The combined net loss of 87 savings banks stood at 495 billion won (US$466 million) in the period from July last year to June this year, falling from 967 trillion won a year earlier, according to the data compiled based on their filings. The banks close their books in June.
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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