South Korean banks allowed to invest in Chinese bonds
South Korean bank
Seoul - Yonhap
Chinese financial regulators have virtually agreed to allow South Korean banks and other financial institutions to invest in Chinese bonds, lowering the bar that was only opened to asset managers, officials here said Sunday.
South Korea's Financial Services Commission (FSC) said it has reached a near agreement with its Chinese counterpart to give South Korean banks, brokerages and insurance firms a status known as RQFII, the Renminbi Qualified Foreign Institutional Investors. Foreign institutions need the status to be able to invest in Chinese equities.
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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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