China factory gate inflation slows to 5.5% in May
China
Beijing - Emirates Voice
Prices for goods at the factory gate in China missed expectations in May, the government said Friday, in a possible sign of weakening demand for the world's second-largest economy.
The producer price index (PPI) rose 5.5 percent year-on-year in May, according to the National Bureau of Statistics, slightly lower than economists' expectation of a 5.6 percent increase in a Bloomberg News survey and down from a 6.4 percent gain in April.
The consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year-on-year in the month, the data showed.
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With Job Cuts, China Deal
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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