China's stock market rally, which has pushed indexes to record highs, may be only the start of a multi-year bull-run powered by profit growth and the rising yuan, Atlantis Investment Management's top China fund manager said on Wednesday.
Alessandra Facchinetti has been appointed to design all the women's wear lines for Valentino after the Italian couturier who founded the label announced his retirement, the fashion house said Wednesday, september 5th.
Legendary Italian designer Valentino, who has dressed the world's most glamorous women for decades, announced his retirement Tuesday september 4th, saying it was time to bid farewell to the world of fashion.
China will this year launch a fund with 7 billion yuan ($925 million) to spend on energy-saving projects such as efficient lightbulbs as it seeks to curb soaring demand for power, Chinese media reported.
Business investment picked up only modestly in the second quarter after falling in the first, suggesting a key engine of economic growth last year may be cooling. The Office for National Statistics said investment rose 0.