Woori Bank suspected of misselling investment product
Seoul - Yonhap
The financial watchdog said Wednesday it plans to discipline Woori Bank Co. for selling an investment product with omitted information that may have misled investors about potential risks. The product, which Woori Bank sold in 2007, was linked to a 2.4 trillion won (US$2.3 billion) development project to build a large trade center called Pi City in southern Seoul. The lender collected 190 billion won from 1,400 investors, promising a dividend of 8 percent.
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US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meeting
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
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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cartoon seven
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GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assault
GMT 16:54 2016 Wednesday ,23 November
Iraq to up crude output because gap
GMT 05:40 2018 Monday ,15 January
Syria army seizes dozens of villages in advance on key base
GMT 07:12 2017 Thursday ,05 October
Wells Fargo CEO defends bank in tough Senate hearing
GMT 20:59 2017 Tuesday ,23 May
Head of Mortgage Finance Company praised Egypt’s Central bank
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a 'progressive agenda' at risk
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Don't make us hitch rides with Russia
GMT 11:25 2017 Friday ,22 December
France named The Economist's country of the year
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Life bans for China's marathon cheats
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Middle East M&A value rockets 220%
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UAEU students to show super-efficient car at Shell Eco-Marathon, Singapore
GMT 03:20 2018 Saturday ,20 January
Tribal feuds spread fear in Iraq's Basra
GMT 15:18 2018 Monday ,15 January
Mohamed Salah scores a stunner as Liverpool end unbeaten run of Man City
GMT 21:57 2017 Sunday ,29 January
Sutton shock Leeds as underdogs bite back in FA Cup
GMT 15:18 2016 Tuesday ,19 January
Fire engulfs roof and top floor of famous Ritz hotel in Paris
GMT 09:01 2017 Tuesday ,14 February
Sledging? Go for it, says Australia's Smith
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