Idle money hit record high amid uncertainties in 2013
Seoul - Yonhap
Short-term funds flowing in the South Korean financial system rose to a record high last year as economic uncertainties and a bearish run on the local stock market prodded people to manage their money on a short-term basis, data showed Sunday. The country's short-term funds, including currency in circulation, demand deposits and money parked for stock investment, amounted to a record 712.89 trillion won (US$665.94 billion) as of the end of December, up from 666.36 trillion won posted a year ago, according to data based on figures from the central bank and the Korea Financial Investment Association.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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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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