German benchmark DAX index falls on weak economic data
DAX index
Frankfurt - XINHUA
The benchmark DAX index at the Frankfurt Stock Exchange on Friday lost 189.11 points and closed at 9,648.5 points.
Weak economic data from Germany together with a concern that the Federal Reserve of the United States may make a rate hike earlier than expected on back of strong labor market brought the blue-chip index down by 1.92 percent, according to the German business daily Handelsblatt.
Yet two out of the 30 DAX member shares managed to rise. Henkel AG & Co. KGaA Vz, a home care company, advanced by 0.86 percent. Merck KGaA, a pharmaceutical and chemical company added 0.8 percent.
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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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