Shanghai stocks end down 4.27% on weak manufacturing data
Shanghai stocks
Shanghai - Arab Today
Shanghai stocks closed down 4.27 percent on Friday after a gauge of manufacturing activity tumbled to its lowest in more than six years, showing more weakness in the world's second-largest economy, dealers said.
China's benchmark Shanghai Composite Index plunged 156.55 points to 3,507.74 on turnover of 450.6 billion yuan ($70.6 billion), but managed to end just above the key 3,500 point level.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, slumped 5.39 percent, or 116.09 points, to 2,039.40 on turnover of 418.8 billion yuan.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Sanaa - Muslimchronicle
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Paris - Muslimchronicle
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" opened 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 his
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