Seoul shares shed 0.77% on currency woes
Seoul shares
Seoul - Yonhap
South Korean stocks extended their loss to the sixth consecutive day on Thursday as the won's sharp decline to the U.S. dollar stoked concerns of an outflow of foreign capital from the local stock market, analysts said. The local currency rose slightly against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) shed 15.38 points, or 0.77 percent, to 1,976.16, the lowest level since June 23 when it closed at 1,974.92 points. Trading volume was moderate at 319 million shares worth 4.63 trillion won (US$4.37 billion), with gainers outnumbering losers 446 to 384.
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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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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