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IT-Science
Samsung hopes China will help soften crisis
Samsung Electronics is preparing to make China the new center of its activities, hoping that a strengthened position in the world’s fastest-growing economy will provide a cushion to absorb business rockiness in shell-shocked nations in the West. To explore new business opportunities Choi Gee-sung, the former Samsung Electronics CEO who…
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Korea prohibits trade of online game items
Korea has decided to ban trade for commercial game items from the second half of this year as a measure aimed at encouraging students to not waste time. The Ministry of Culture, Sports and Tourism has announced that it is planning to halt all virtual item trades with a new…
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Politics
‘We can turn China into blessing’
China is a blessing to Korea rather than a curse, a China expert said Wednesday. “I think it is a blessing to have a country like this next to us,” said Seok Tong-youn, 58, secretary-general of the state-run Northeast Asian History Foundation (NAHF). “China is turning from being the world’s…
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Column
Sim Sang-jung vs. Lim Su-kyung
The Cheongsong Shim (my surname) family association invited me Monday, in my title as political editor of The Korea Times, to a meeting to celebrate those from the clan elected as lawmakers through the April general elections. They came from three parties with a diverse ideological spectrum ― the conservative…
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South East Asia
Major news in Malaysia on June 14: Raising retirement age
Top news in <New Straits Times>: Raising retirement age WORK TILL 60: Bill covering private sector employees tabled in Parliament KUALA LUMPUR : THE government yesterday tabled a bill — Minimum Retirement Age Bill — to raise the minimum retirement age for private sector workers to 60. Tabling the bill,…
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Business
‘Don’t blame FTA for Korean cars’ popularity in EU’
Korea’s auto trade group refuted Wednesday European carmakers’ allegation that the free trade agreement (FTA) between Korea and the European Union solely contributed to a sharp rise in Korean car sales in Europe. The Korea Automobile Manufacturers Association (KAMA) said the allegation is “misleading” on the positive effects of FTA…
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South Asia
Major news in Bangladesh on Jun 14: Ugly face of insolence and ignorance
Top News in <Holiday> : Ugly face of insolence and ignorance The face-off between a High Court bench of the Bangladesh Supreme Court and the country’s parliament, the Jatiya Sangsad, that is being currently witnessed is unprecedented as well as disgraceful. It is, in our view, the result of insolence…
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East Asia
U.S. Envoy Speaks In Seoul On NK Human Rights
SEOUL, South Korea (AP) – The U.S. human rights envoy to North Korea says the United States is working to break an “information blockade” that allows North Korea to hide its rights abuses and keep its people away from outside news. Robert King told a forum in Seoul on Thursday…
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Business
Moody’s downgrades Spain’s sovereign debt three notches
MADRID, June 13 (Xinhua) — International rating agency Moody’s downgraded on Wednesday the Spanish sovereign debt from A3 to Baa3 with a negative outlook. Moody’s explained that the bailout the Spanish government is intended to ask is one of the main reasons of this decision as the move will increase…
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Society
Angry Birds to build nest in China
BEIJING, June 13 (Xinhua) — Rovio Entertainment Ltd, the Finnish company behind the mega-hit game Angry Birds, with more than 1 billion downloads to date, has big plans for the Chinese market. In an exclusive interview with Xinhua, Rovio co-founder and chief marketing officer Peter Vesterbacka said the company hopes…
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