• Business

    Central bank preempts markets with rate cut

    Quarter point slashed to 3% after no change in 13 months The Bank of Korea (BOK) surprised markets by cutting interest rates Thursday as the country battles subduing economic activity and worsening global conditions. The decision to shave the benchmark 7-day repo rate by 0.25 points to 3 percent, ended…

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  • Business

    Pension crisis looms larger

    National pension funds expected to be depleted by 2053 The retirement plans of future workers have been put in doubt by Korea’s growing pension crisis with a workforce aging in dog years suggesting the national pension pot could be depleted quicker than the previously-anticipated 2060. This is an alarming prediction…

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  • Society

    City to start ‘electric car renting service’ in October

    Seoul City will launch an “electric car rental service” in October to promote environmentally friendly transportation. The city signed an agreement with LG CNS and Korea Car Sharing, Thursday, to jointly provide the service. The campaign is designed to help reduce traffic congestion, save energy and prevent air pollution. The…

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  • Retooling Assembly

    Parties should keep word and innovate politics The National Assembly’s failure to pass an arrest motion for Rep. Chung Doo-un of the ruling Saenuri Party Wednesday is an ominous sign that the 19th parliament will proceed in the direction of disappointing voters, rather than pleasing them. To be sure, the…

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  • Column

    Perils and pitfalls of Mt. Geumgang

    MT. KUMKANG, North Korea ― An air of desolation hangs over this fabled resort area four years after a North Korean soldier shot and killed a middle-aged South Korean woman who had made the fatal mistake of wandering outside the tourist route to look at the sunrise over the East…

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  • Column

    Honest president

    Presidential race has belatedly started in Korea. It is premature to predict the winner. But the winner will probably be the one who rides the spirit of the times, often called zeitgeist. Park Geun-hye officially declared her presidential candidacy Tuesday, and few question her nomination as the standard-bearer of the…

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  • East Asia

    Negara Mendesak untuk meningkatkan angka kelahiran ke 1.8

    Halo Apa kabar? Saya Meidyana Rayana, saat ini bermagang untuk The AsiaN. Di website The Asian, anda dapat mengkases berita-berita dunia, salah satunya dari Korea Selatan. Pada 11 Juli lalu merupakan hari populasi dunia yang diresmikan pada 1987 untuk menandai populasi global yang mencapai 50 miliar jiwa. Organisasi Think tank…

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  • Society

    Sofia’s only Mosque is being restored

    Turkish cooperation and development agency (TIKA) started the restoration of Kadi Seyfullah Efendi Mosque (Banya Basi Mosque) , which was damaged after an earthquake in Bulgarian capital city of Sofia. Assistance Bulgarian Mufti of Muslim Population Murat Pingov said that the mosque would be restored completely. He added that now…

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  • South Asia

    Assamer bonnaye mriter sonkhya bere daralo eksho pochish

    Nomoskar,ami Sudhanya Ghosh,Asia Journalist Association, AJA. Assamer bonnaye mriter sonkhya bere daralo eksho pochish.nikhoj shatanobboi jon.bonnaye 24 lokhher beshi manush khotigrosto hoyeche bole akhono porjonto jana gache.praye sare char hazar jon manush griho hin hoye porechen.brahmaputra o borak nodir upattoka anchol akhono sompurno jolomogno. Assamer bonnaye bikhhato kajiranga jatiyo uddaner…

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  • People

    [India Report] Mary Kom, Indian female boxer, qualifies for London Olympics

    There goes a saying “Difficulties are meant to rouse, not discourage. The human spirit is to grow strong by conflict,” and a human being, the blessed creation of God, can sometimes prove to be to the best by defeating the hindrances come in the way. Mary Kom, the famous boxer…

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