Wednesday, September 26, 2012

"Gangnam Style" hit doubles value of Psy's father's stock

SEOUL (Reuters) - A pop star whose song "Gangnam Style" became the first Korean hit to top Apple's music download charts has also worked his magic on his father's software firm, helping it double in value since singer and dancer Psy burst onto the global scene in July.

Psy's father, Park Won-ho, is the chairman and controlling shareholder of South Korean semiconductor company D I Corp and its market capitalisation has surged to 113.5 billion won (62.4 million pounds) on the main Seoul bourse, making it as of Tuesday the 459th most valuable stock measured by size.

Psy's "Gangnam Style", which mocks the rampant consumerism of a rich Seoul suburb, went viral on video-sharing website Youtube. The video has been viewed more than 267 million times on Youtube since it was released in mid-July.

"The positive sentiment from 'Gangnam Style' has attracted investors just because of the fact that the company is owned by Psy's father and uncle," said Lee Sun-tae, a researcher at NH Investment and Securities, who added Psy is not a shareholder in the company.

"The popularity will slowly dissolve in time, naturally."

South Korea's legion of retail investors, mainly middle-aged people, tend to jump on speculative stocks.

Software millionaire Ahn Cheol-soo, who this month announced he would run for the country's presidency, saw the value of his company Ahnlab Inc.'s shares slide after his bid.

Ahnlab stock was down 30 percent on Tuesday compared with its closing level a week ago, just a day before he made his announcement.

(Reporting by Christine Kim; Editing by David Chance and Daniel Magnowski)

Source: http://news.yahoo.com/gangnam-style-hit-doubles-value-psys-fathers-stock-033425543.html

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Thursday, September 20, 2012

Pentax's Q10 mirrorless shows its tiny sensor to the world, we give it the hands-on treatment (video)

It's tough to express just how much Pentax's new Q10 mirrorless looks like a toy camera until you see it in-person, so unless you're in Cologne this week, you're going to have to take our word for it. It's probably mostly its tiny size -- and the fire engine red probably doesn't help its case much in that respect, either. Still, in spite of its diminutive stature and weight, it does feel like a solid camera. All of these body image issues are thanks to its tiny 12.4 effective megapixel CMOS image sensor. Like its brethren, the Q, this interchangeable lens camera's got a retractable flash, which works whether it's extended or not.

On the front, next to the lens, you'll find a knob which lefts you dial through four different effects. The Q10 also does full HD recording, five-fps shooting and, like the K-5 II, boasts improved autofocus over its predecessor. On the back, is a surprisingly large three-inch LCD. When it launches here in Europe next month, it'll run you 499 for a single lens kit and around 300 for the body alone -- compare that to $600 for the kit here in the States.

Continue reading Pentax's Q10 mirrorless shows its tiny sensor to the world, we give it the hands-on treatment (video)

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Source: http://www.engadget.com/2012/09/19/pentaxs-q10-mirrorless-shows-its-tiny-sensor-to-the-world-we-g/

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Tuesday, September 11, 2012

Feminine looks, old Hollywood style feature at NY fashion week

NEW YORK (Reuters) - Soft, flowing dresses with mid-calf hemlines in pastel shades of blue, sea foam and grays dominated the runway on Monday as designer Carolina Herrera showed her Spring 2013 collection at New York Fashion Week.

The look was feminine, subtle and light as models seemed to float down the runway in wool-crepe long dresses, twill blouses matched with crepe flounce shorts and elegant color-blocked silk gowns with tulle overlays.

"It is a flirtatious collection with a focus on the essentials and proportions including long fluid skirts and shorts," was how the Venezuelan-born, New York-based designer described her creations.

Shoulders were narrow, and Herrera hiked the waist toward the bustline with long, full skirts for an elongated silhouette that she paired with simple short-sleeved tops.

The designer who is known for her elegance and intricacy and is a favorite on the red carpet with her glamorous designs did not disappoint.

An ivory pleated silk gown included floral embroidery and an oyster snakeskin skinny belt. Another fully embroidered icy-white column gown featured a black tulle overlay.

Like the lace-backed Twilight wedding dress that Herrera designed for actress Kristen Stewart for the film "Breaking Dawn Part 1," the collection had a timeless appeal.

Herrera's love of prints was evident in a motif in pastel shades that she used in various dresses, blouses and skirts that gave a cohesion to the entire collection

"Every dress was stunning," gushed a member of the audience that included activist and former rock star wife Bianca Jagger, actress Julianne Hough, tennis great Boris Becker and "Vanity Fair" editor Graydon Carter.

CELEBRATING OLD HOLLYWOOD AND MATURE WOMEN

While Herrera opted for flirtation and romance, Norisol Ferrari, another Venezuelan-born designer, had Old Hollywood and actresses Marilyn Monroe, Rita Hayworth and Rita Moreno in mind when she designed her spring collection, which featured strong lines, bold colors and plenty of sex appeal.

She described the actresses as "all strong, confident women who command attention, desire and respect," which could also be said of her designs.

With figure-hugging trousers, capris and shorts, fitted, tailored jackets cinched at the waist and pleated in the back and cropped tops, Ferrari celebrated the female form and emphasized all of its curves.

Each of the 33 designs had a suggestive title ranging from A Woman in Love and Girl's Night Out to The Last Tango and An Affair to Remember.

Unlike other shows that feature young, waif-like models, many of Ferrari's designs were modeled by women of a certain age, including one-time supermodel 51-year-old Carol Alt, who drew applause in a flowing, belted black and cream gown.

She was followed by Carmen Dell'Orefice, who turned 71 this year, and wowed the audience in a long-sleeve, fitted 30s style beige gown that was simply titled It's Carmen.

The collection, which featured plenty of black, white, cream colors, had a La Dolce Vita glamour with column gowns, below-the-knee and tapered hemlines and sleek and waisted dresses with button details.

New York-based designer Zac Posen featured a similar look with his collection of gown and cocktail dresses, hourglass silhouettes and floor-dusting trains.

Naomi Campbell opened his show modeling a silk twill and chiffon day dress with a Rorschach-like pink hibiscus print, one of two floral designs that recurred throughout the collection.

Several gowns curved tightly through the waist and legs before billowing into clouds of silk, although he occasionally deviated from the hourglass silhouette with wide frilly flourishes at the waist. Posen also showed jumpsuits with wide-width pants.

The semi-annual Mercedes-Benz Fashion week attracts about 116,000 models, designers, buyers and wealthy customers to New York.

(Additional reporting by Jonathan Allen; Editing by Ellen Wulfhorst and Richard Chang)

Source: http://news.yahoo.com/feminine-looks-old-hollywood-style-feature-ny-fashion-215000571.html

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Monday, September 10, 2012

Automotive News, Auto News and Trends from Automotive Digest ...

What Art Spinella Has to Say about August Used Vehicle Retail Sales

Spinella_Art

At the begin?ning of each month, CNW Research releases sales fig?ures track?ing retail used car sales by fran?chised deal?ers, inde?pen?dents, and pri?vate party (casual sales), which makes for a huge part of US auto?sales.

Guess which seg?ment took the first, sec?ond, and third place posi?tions for retail used car sales vol?ume?

Pri?vate party sales had a great month, but one of the two other mar?ket seg?ments saw a big drop in?sales?

Mobile devices used for used-car shop?ping is mak?ing for a siz?able por?tion of customers?

Do you want to read all of CNW Research?s sta?tis?tics and analy?sis of retail used car sales in August includ?ing sub-prime buy?ers ? Then, click here??

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