South Korean households earn less from interest profit
South Korean households
Seoul - Yonhap
South Korean households saw their income from interest-paying financial products drop by 13 trillion won (US$13 billion) over the last nine years, data showed Thursday, reflecting the country's low interest rate and ballooning household debt.
Households' net interest income, the excess earned from the spread between their interest income and interest payments, came in at 4.3 trillion won in 2012, shrinking from 17.4 trillion won in 2003, according to the data compiled by the Bank of Korea.
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Taipei - 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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