Korean investments in foreign securities hit $90.3bn in second quarter
Institute of science & technology
Seoul - Yonhap
South Korea's institutional investments in foreign securities surged to US$90.3 billion as of end-June as asset managers and insurers increased their net buying, central bank data showed Tuesday.
The outstanding value of foreign securities held by institutional investors rose by $10 billion in the April-June period, logging the biggest on-quarter growth since the global financial crisis, according to the preliminary data by the Bank of Korea.
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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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