Hong Kong\'s composite interest rate rises to 0.32%
Hong Kong - XINHUA
The Hong Kong Monetary Authority Thursday announced that the city\'s composite interest rate rose to 0.32 percent at the end of June 2013. The composite interest rate, which is a measure of the average cost of funds of banks, increased by 6 basis points to 0.32 percent at the end of June 2013, from 0.26 percent at the end of May 2013. The rise in the composite interest rate reflected a moderate increase in the weighted funding cost for deposits in June, while HIBORs were steady during the month, the authority said.
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Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
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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