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Column
Are we about face deflation?
Korea’s gross domestic product (GDP) in the second quarter grew only 2.4 percent on a year-on-year basis, hitting a record low since the third quarter of 2009. Private consumption, which accounts for more than half of GDP, has grown only 1.2 percent over the same period. Investment measured by total…
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Society
EU invites Koreans to apply for unique scholarship
When Suh Sim-eun, a former research officer at the Global Green Growth Institute, studied environmental studies, her classrooms were scattered across Europe: Germany, Spain, the United Kingdom and Denmark. When not working, she made time to study Spanish or crossed a border into another country for the weekend. “Mobility was…
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Society
KR to lead global railway market
Korea Rail Network Authority (KR), the state-run railway builder and maintenance manager, is stepping up efforts to share its knowhow with developing countries as trains have emerged as a preferred, sustainable means of transportation across the world. It has offered China and other developing economies construction supervision and consulting management…
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US fence-sitting on Dokdo row
NEW YORK — Korea-Japan relations are getting rockier by the day, with stories about the bilateral standoff starting to take up more space, more often in U.S. print, television and online news. Not surprisingly, Washington is sitting on the fence over the intensifying territorial feud between its two most important…
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IT-Science
Did Steve Jobs dupe us all?
Set aside all the hanky panky about the U.S. jury’s $1.05 bil. verdict in favor of Apple over Samsung Electronics in their patent dispute. The real issue is whether the framework of the century-old patent laws, which served as the basis for the San Jose decision, has outlived its essential…
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East Asia
Taoli Cup Dance Competition Held In China
Dancers perform during the dancing competition Taoli Cup in Hefei, capital of east China’s Anhui province, Aug. 25, 2012. Taoli Cup is the highest level teenager dancing competition held by China’s Ministry of Culture in a bid to select talented dancers. <Xinhua=Zhang Rui> news@theasian.asia
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World
First Moon-Walker Armstrong Passes Away
In this July 20, 1969 file photo provided by NASA shows Apollo 11 astronauts Neil Armstrong and Edwin E. “Buzz” Aldrin, the first men to land on the moon, plant the U.S. flag on the lunar surface. The family of Neil Armstrong, the first man to walk on the moon,…
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West Asia
Non-Aligned Movement Summit To Open In Iran
Representatives attend the expert-level meeting of the 16th Non-aligned Movement (NAM) summit in Tehran, Iran, Aug. 26, 2012. The expert-level meeting of the 16th Non-aligned Movement (NAM) summit opened here on Sunday. Iranian Foreign Minister Ali-Akbar Salehi speaks at the expert-level meeting of the 16th Non-aligned Movement (NAM) summit in…
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West Asia
Detention Center Run By Syrian Rebel Force
In this Friday, Aug. 24, 2012 photo, a Syrian prisoner holds the bars of a makeshift prison run by rebels in a former elementary school in Al-Bab on the outskirts of Aleppo, Syria. Many improvised detention centers have sprung up as rebels wrest cities from army control, but these facilities…
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East Asia
NK Army In Exercise To Confront Korea-U.S. Joint Drills
In this photo taken Wednesday, Aug. 22, 2012 and released by the Korean Central News Agency and distributed in Tokyo by the Korea News Service Friday, Aug. 24, 2012, Korean People’s Army personnel conduct military exercises at an undisclosed location in North Korea while South Korea and the United States…
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