Korean shipbuilders set to rebound from deep trough
Korean shipbuilders
Washington - Yonhap
South Korea's major shipbuilders, hit by worse-than-expected earnings and declining orders, have been trending lower over the past month, but their stock prices are likely to rebound from a deep trough on hopes that their earnings may improve down the road, analysts said Friday.
Hyundai Heavy Industries Co., the world's largest shipbuilder, shocked investors by reporting an operating loss of 1.1 trillion won (US$1.07 billion) during the April-June period, from an operating loss of 189 billion won the previous quarter, as it set aside massive provisions against possible losses from ongoing projects and a stronger won undercut its earnings.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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