Brokerage houses suffer massive losses in Seoul
Seoul - Yonhap
South Korean brokeragie houses suffered big losses in the fourth quarter of last year, largely due to a fall in commission income and increased costs, data showed on Thursday. The combined losses by 62 brokerage firms came to 206 billion won (US$193 million) during the October-December period, widening from losses of 23.3 billion won in the third quarter of last year. The fourth-quarter figure also compares with a profit of 119 billion won in the second quarter of last year, according to the data compiled by the Financial Supervisory Service (FSS). They close their books on March 31.
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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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