• Korea’s household credit dips in first quarter

    Korea’s household credit dipped in the first quarter due to a drop in demand for fresh loans and people cutting back on spending, the central bank said Thursday. Household credit totaled 911.4 trillion won ($774.5 billion) as of the end of March, down 500 billion won from a record high…

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  • US envoy calls for end to NK brinkmanship

    United States Ambassador to Seoul Sung Kim urged North Korea’s new leadership Thursday to shift its policies and enhance the lives of its people. “The new leadership of North Korea can move into the 21st century by educating its people, opening up its economy and allowing the talents of the…

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  • Speech fee limit recommended for civil servants

    The country’s anti-corruption agency called for restrictions in fees paid to civil servants for speeches made at private firms, especially high-ranking officials. The Anti-Corruption and Civil Rights Commission announced a set of recommendations Thursday outlining the appropriate amount for fees depending on the rank of the official. The maximum hourly…

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  • Distorted notions of morality

    I was surprised to hear of the furor in the Korean media over the recent news that monks of Korea’s revered Buddhist Jogye Order were caught drinking, gambling and smoking and their actions termed as immoral. Were they really so? The point here is that in today’s materialistic world it…

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  • Anti-racism law

    Police have arrested a 17-year-old mixed-race high school dropout on charges of repeated arsons. The youth, born between a Korean father and a Russian mother in 1995, encapsulates the frustration, agony and mental ordeals mixed-racial kids face in pure-blood-boasting Korea. He set fire to three homes in northern Seoul in…

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  • Lifestyle

    Achieving shared growth through green ODA

    What is needed is the financial and technical support of developed countries to bring in developing countries into this ‘green movement.’ The green economy has been drawing greater attention from the international community. The UN Conference on Sustainable Development (UNCSD), more commonly known as Rio+20, which runs from June 20…

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  • East Asia

    Major news in China on May 24: Kindergarteners exposed to UV lamps

    Top news in <China Daily> : Kindergarteners exposed to UV lamps   news@theasian.asia

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  • East Asia

    Major news in Japan on May 24

    Top news in <Kyodo News> : Olympics: Tokyo makes it onto shortlist in bid for 2020 Summer Games news@theasian.asia

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  • Central Asia

    Major news in Uzbekistan on May 24

    Top news in <Uzbekistan National News Agency> : Preparations for the Second International Film Forum Golden Cheetah news@theasian.asia

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  • South East Asia

    Major news in Malaysia on May 24

    Top news in <New Straits Times> : Phillip Phillips wins ’American Idol’ news@theasian.asia

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