South Korea's central bank cuts base rate to 1.75% in surprise move
South Korea's central bank
Seoul - Yonhap
South Korea's central bank unexpectedly slashed the base rate to a record low of 1.75 percent on Thursday, pressed for policy efforts to boost growth and inflation in Asia's fourth-largest economy.
The rate cut is the first since October, when the Bank of Korea (BOK) brought down the key rate to a record-matching low of 2 percent. The monetary policy committee has since then unanimously voted to keep the base rate on hold.
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Buenos Aires - AFP
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Beirut - NNA
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Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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 hisGMT 09:22 2018 Monday ,22 January
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