Shanghai shares close down 8.49%
Shanghai shares
Shanghai - Arab Today
Shanghai shares nosedived 8.49 percent on Monday as Beijing's latest market intervention failed to restore confidence, with concern mounting about the stalling economy.
The benchmark Shanghai Composite Index closed down 297.83 points at 3,209.91, after falling as much as 9.00 percent during trading. The Shenzhen Composite Index, which tracks stocks on China's second exchange, plunged 7.70 percent, or 156.94 points, to 1,882.46 on turnover of 272.9 billion yuan.
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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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