South Korean financial derivatives market further contracts in 2013
Seoul - Yonhap
South Korea's financial derivatives market suffered a sharp downfall in its trading volume last year on stricter regulations, data showed Monday. The turnover of financial derivatives on the local bourse reached 820 million contracts last year, down 55.3 percent from a year earlier, according to the data compiled by the Korea Exchange (KRX). In terms of amount, the turnover also sank 12.3 percent on-year last year, the data showed. The market slump came as the country's financial regulator imposed stricter rules for derivatives trading. From 2011, the regulator raised the minimum price to buy or sell options contracts in a bid to limit individual investors.
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Paris - Emiratesvoice
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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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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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