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Business
BOK freezes key rates at 3%
Despite the recent gloomy economic news, the Bank of Korea’s (BOK) seven-member monetary policy committee kept key rates at 3 percent Thursday. However, market watchers feel that a further lowering of borrowing costs is coming sooner than later as the blizzard of bad data makes it difficult for policymakers to…
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Foreign workers’ quota to rise next year
The nation will issue 62,000 foreign workers permits next year, up by 5,000 from this year’s quota, to meet growing labor demand here. The Prime Minister’s Office (PMO) announced next year’s foreign workforce quota Thursday after a meeting of related ministers. “We’ve decided to increase the quota to relieve labor…
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Lifestyle
A town full of colors
Beneath Naksan Park lies a beautiful village full of murals. But getting there isn’t easy. You need to walk up a long, uphill road which, when you’re walking on it, makes you feel as if you’re walking on a moving stairway, back through time. The park is located in the…
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Politics
Presidential aide bets against Ahn’s bid
Was it wishful thinking or a conclusion made on the basis of facts? A Cheong Wa Dae official voiced a pessimistic view, Thursday, on the prospects of Ahn Cheol-soo running in the presidential race. This came amid campaign watchers being divided over whether he will declare a bid to become…
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tobechecked
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World
Egyptians Protest Against U.S. Movie Insulting Islam
A man shouts slogans condemning an alleged U.S.-made movie that insults the Prophet Mohammed, in front of the U.S. embassy in Cairo, Egypt, Sept. 12, 2012. A man holds placards condemning an alleged U.S.-made movie that insults the Prophet Mohammed, in front of the U.S. embassy in Cairo, Egypt, Sept.…
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East Asia
Chinese Congress Leader With Her Bulgarian Counterpart In Sofia
Chen Zhili (L), vice chairwoman of the Standing Committee of China’s National People’s Congress (NPC), shakes hands with Anastas Anastasov, vice president of the National Assembly of Bulgaria, during their meeting in Sofia, Bulgaria, on Sept. 12, 2012. <Xinhua/Xie Xuemin> news@theasian.asia
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World
Preparations Underway For Arrival Of Pope In Beirut
A general view of the area where the Pope Benedict XVI will hold a Holy mass on September 16, 2012 at the waterfront of downtown Beirut, Lebanon, Wednesday Sept. 12, 2012. Pope Benedict XVI travels to Lebanon to encourage his flock in the Middle East. He will also meet with…
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World
Cub Of Sumatran Tiger Born At Zoo In Tacoma, Wash.
This Sept. 10, 2012 photo provided by the Point Defiance Zoo & Aquarium, a male cub born to Jaya, an endangered Sumatran tiger at the zoo in Tacoma, Wash. Visitors will be able to view the cub, born Aug. 22, in the Cub Den in Asian Forest Sanctuary after Thursday,…
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World
U.S. Embassy In Cairo Looks Calm Amid Mounting Protest In Other Regions
Egyptian soldiers stand guard in front of the U.S. embassy in Cairo, Egypt, Wednesday, Sept. 12, 2012, as part of widespread anger across the Muslim world about a film ridiculing Islam’s Prophet Muhammad. The search for those behind the provocative, anti-Muslim film that triggered mobs in Egypt and Libya led…
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