Sri Lankan stock index gains 53.03 points
Colombo - Arabstoday
Sri Lanka’s stock market rose more than 1 per cent on Friday with retail and foreign investors buying shares in thin volumes in an overall skittish market concerned about a weak Sri Lankan rupee and the outlook for interest rates. The main index gained 1.1 per cent, or 53.03 points, to 4,885.18, its highest since May 28. “There was bargain hunting and we saw buying creeping in with the start of the fresh month,” said a stockbroker, speaking on condition of anonymity. Yields in Sri Lanka’s 364-day and 91-day T-bills have risen 330 basis points and 233 basis points since the central bank raised policy rates for the first time since 2007 on Feb.3. From / Gulf Today
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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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