Bank of Korea holds interest rates at 1.75%
Bank of Korea
Seoul - QNA
The Bank of Korea held interest rates steady at a record low for a second consecutive month on Friday, while upbeat remarks by Governor Lee Ju-yeol pared the chances of another rate cut soon - sending bond yields and the won higher.
The Bank of Korea's monetary policy committee kept the base rate at 1.75%.
The rate freeze was in line with market expectations as the central bank was forecast to see the effect of previous rate cuts amid improving economic indicators.
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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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