South Korean insurers' overseas earnings swing to red in first half
South Korea's state health insurer
Seoul - Yonhap
South Korean insurance firms' income from their overseas operations swung to a combined net loss in the first half of this year, due mainly to an increase in insurance payouts, the financial watchdog said Wednesday.
The net losses of 23 overseas units and offices of six non-life insurers stood at US$500,000 in the January-June period, a turnaround from a net profit of $40.2 million a year earlier, according to the Financial Supervisory Service (FSS).
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Paris - Emiratesvoice
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Beirut - NNA
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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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