Korean finance minister criticises excessive risk-averse culture
Finance minister Choi Kyung-hwan
Seoul - Yonhap
Finance Minister Choi Kyung-hwan on Thursday criticized the financial sector for its excessive risk-averse culture, saying that such self-protection may be dragging down the overall financial community.
"It is quite worrisome that the whole financial industry is shrinking with signs of money flows being almost clogged," Choi told financial industry leaders in Seoul.
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Beirut - NNA
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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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