Big-cap shares undervalued amid biz woes
Blue-chip shares
Seoul - Yonhap
Nearly half the blue-chip shares listed on the benchmark Korea Composite Stock Price Index (KOSPI) market are undervalued, data showed Friday, amid worries that the strong dollar and weak third-quarter earnings may be contributing to South Korean shares hitting bottom.
The price-to-book value ratio (PBR), calculated by dividing a stock's share price by the book value per share, was less than 1 for 85 of the 200 big-cap companies listed on the KOSPI 200, according to financial information provider FnGuide. The book value was taken from the end of last year, while the share price was based on Wednesday's closing.
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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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'Friendly and kind' N. Korean skaters
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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