Hong Kong's exchange fund assets down 26.1bn HK dollars
Hong Kong - XINHUA
Hong Kong's Exchange Fund's total assets amounted to 2.858 trillion HK dollars (368.77 billion U.S. dollars) at the end of August, down 26.1 billion HK dollars on July, the city's Monetary Authority announced Monday. According to the released figures, foreign currency and Hong Kong dollar assets decreased by 15.1 billion HK dollars and 11 billion HK dollars, respectively. The city's Monetary Base stood at 1.2385 trillion HK dollars at the end of August, up 0.5 percent on the end of July. Backing Assets increased by 0.3 percent, to 1.3313 trillion HK dollars. The backing ratio decreased from 107.67 percent to 107.5 percent at the end of August. (1 U.S. dollar = 7.75 HK dollars)
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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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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