South Korea's equity-linked securities see net fund outflow in April
South Korea's equity-linked securities
Seoul - Yonhap
South Korea's equity-linked securities (ELS) saw a net outflow of funds last month as investors fretted over growing downward pressure in the stock market following a sharp rally, data showed Monday.
Deposits at ELS issued by local brokerage houses were estimated at 60.22 trillion won (US$55.69 billion) as of April 29, 1.31 trillion won down from the end of March, according to the data compiled by the Korea Securities Depository (KSD).
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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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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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