Bank of Japan Keeps Monetary Policy Unchanged
The Bank of Japan
Tokyo - QNA
The Bank of Japan decided Thursday to leave its monetary policy unchanged amid uncertainty over Britain's possible exit from the European Union.
The dollar fell sharply against the yen to around mid-104 yen levels, the lowest since September 2014, immediately after the BOJ announced the decision at the end of a two-day policy meeting, according to Japan's (Kyodo) News Agency.
The BOJ said the economy "has continued its moderate recovery trend," leaving its basic assessment unchanged, although exports and production remained sluggish due to a slowdown in emerging economies.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Russians challenge doping ban
Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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