Shanghai stocks surge 5.34% by the close on US rally
Shanghai stocks
Shanghai - Arab Today
Shanghai stocks closed up 5.34 percent on Thursday, cheered by a rally in US stocks and a domestic interest rate cut this week aimed at boosting the world's second-largest economy, dealers said.
China's benchmark Shanghai Composite Index surged 156.30 points to 3,083.59 on turnover of 404.3 billion yuan ($63.1 billion). It briefly dipped into negative territory, falling 0.71 percent, but finished near the day's high after a late surge.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 3.33 percent, or 56.45 points, to 1,752.21 on turnover of 361.0 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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To 'eternal style' of late Alaia
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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