• Business

    Shaky financial market

    KOSPI dips below 1800 on Europe worries This week was a nightmare for Korea’s financial markets, which fell sharply due to renewed fears over another economic downturn fueled by the Greek crisis. In the coming weeks, investors are expected to go through a roller coaster ride. The Korea Composite Stock…

    Read More »
  • East Asia

    Ethnic Groups Show-Off Their Dresses

    Performers present dresses of ethnic groups during a carnival activity in Liuzhou City, southwest China’s Guangxi Zhuang Autonomous Region, May 18, 2012. A series of activities were held across the country to celebrate the second China National Tourism Day on May 19. <Xinhua> news@theasian.asia

    Read More »
  • East Asia

    Childrean’s Priceless Smile

    People hold umbrellas, with portraits of young survivors of the earthquake and tsunami that hit eastern Japan on March 11, 2011, during the Merry Smile Action held at Tokyo’s shopping district Harajuku, Saturday, May 19, 2012. It was a part of the Merry Project, a global art project staging ad-hoc…

    Read More »
  • East Asia

    Traditional Coming-Of-Age Ceremony

    South Korean girls in traditional dresses drink tea during the 40th Coming of Age Day Ceremony and re-presentation of traditional “Gwan-Rye” at Sungkyunkwan in Seoul, South Korea, Saturday, May 19, 2012. South Korean girls and boys in traditional dresses bow during the 40th Coming of Age Day Ceremony and re-presentation…

    Read More »
  • Society

    Full Gospel Church mired in corruption

    The son of the founder of the largest church in Korea was summoned Monday by the prosecution for questioning on suspicions of embezzling funds from an affiliated company. His mother is also suspected of having used church money in a real estate deal. These are only two of many allegations…

    Read More »
  • Politics

    Greek Interim Cabinet Decline Salaries

    At the first meeting of the newly-elected Interim Greek Cabinet of Ministers all of its 16 members promised to give up their salaries as the country grapples with a political and economic crisis that could have effects far beyond its borders, Greek state TV reported on Thursday. A caretaker administration…

    Read More »
  • Politics

    Turkish accession to EU to be speeded up

    EU Minister and Turkey’s Chief EU Negotiator Egemen Bagis and the European Commissioner for Enlargement and European Neighborhood Policy Stafan Fule met in Ankara and had a joint press conference regarding the new EU/Turkey “Positive Agenda” initiative. The “Positive Agenda” plan has been started by Turkish and EU authorities hoping…

    Read More »
  • South Asia

    Heat Drives People Out Of Homes

    Indians sleep in a shaded area outside their houses in Kolkata, India, Friday, May 18, 2012. Many Indians sleep outdoors to escape the heat trapped in their homes during the summer months. <AP/Newsis> news@theasian.asia

    Read More »
  • Culture

    Lineup of New French Cabinet

    France’s new President Francois Hollande announced a new cabinet members who will lead France on Wednesday, May 16, 2012. Hollande the appointed half of 34 cabinet posts to women, as he had promised during the campaign. From left of upper row: Fleur Pellerin, Junior Minister for SMEs, Innovations and Digital Economy; Marisol Touraine, Social…

    Read More »
  • Business

    Uncertainty Sinks Asian Equity Market

    A TV cameraman sets up a camera at Tokyo Stock Exchange in Tokyo,Friday, May 18, 2012. Asian stocks dived Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country euro currency union. Japan’s Nikkei 225 tumbled 2.4 percent to 8,660.23 as signs of weakness…

    Read More »