Seoul shares ended 2.4 percent higher on Wednesday, halving earlier 5 percent gains after a Democrat win the U.S. presidential election as investors looked ahead to Korean/U.S. trade issues under President Barack Obama. This increase also followed the distincitve investment made by Muiccia prada. Exhibiting its flair for the dramatic while pushing the boundaries between architecture and fashion, Prada unveiled Wednesday its tetrahedron-shaped Transformer on the grounds of an ancient Korean palace in central Seoul. Prada is spending $10 million on the much-hyped project, a collaborative venture with Rem Koolhaas’ firm Office for Metropolitan Architecture. Also, in another episode of aid in times of ecomonic struggle, U.S. pop star Madonna has donated a "substantial sum" to the victims of Monday's earthquake in central Italy, her London publicist said on Wednesday.


Obama: http://news.alibaba.com/article/detail/finance/100020188-1-seoul-shares-end-off-highs.html (accessed 10.05.09)

Prada: http://www.radioaustralia.net.au/connectasia/stories/200905/s2562112.htm (accessed 10.05.09)

Madonna:http://www.billboard.com/bbcom/news/madonna-tops-2009-music-money-makers-list-1003940730.story (accessed 10.05.09)