Hundreds busted in $15m housing loan fraud in South Korea
Housing loan regulations
Seoul - Yonhap
Prosecutors said Monday they have charged hundreds of people with swindling a combined 16 billion won (US$14.7 million) from banks and a state-run company by exploiting holes in the country's housing loan program for low-income people.
The Seoul Southern District Prosecutors' Office said more than 120 people, including the suspected ring leader surnamed Seo, have been put under custody for allegedly playing a central role in the scam.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
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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