Korean bank holding firms' first half net more than doubles
South Korea's central bank
Seoul - Yonhap
Earnings by South Korea's bank holding companies more than doubled in the first half of the year from a year earlier, largely due to a fall in loan-loss reserves and gains from asset sales and securities holdings, the financial watchdog said Monday.
The combined net profit of 11 local bank holding firms on a consolidated basis stood at 4.95 trillion won (US$4.75 billion) in the January-June period, up 2.59 trillion won from the previous year, according to the Financial Supervisory Service (FSS).
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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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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