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Politics
Yemeni riyal on ‘rebound’ 20% against U.S. dollar as people voice optimism over new government
By Peter Song Reporter at Asia N SEOUL: The Yemeni riyal has risen by more than 20% enabling the Yemeni economy has entered a recovery phase, “Arab News” reported on December 20. The riyal rose from 925 riyals (about 4,093 KRW) to 750 riyals (about 3,300 KRW) against the U.S.…
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Business
Sri Lankan State Minister Cabraal says S&P ratings downgrading “extremely biased”
By Peter Jaegeul Song Head of Foreign Cooperation Department – AJA COLOMBO: The Sri Lankan government criticized the international ratings agency Standard and Poor’s for being “extremely biased” in regard to the decision to downgrade Sri Lanka’s credit rating, Xinhua news of China and Bloomberg news of the U.S. have…
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Business
Four of Korea’s major conglomerate heads exchange consolations, blessings, share thoughts at special dinner
By Peter Jaegeul Song Asia N Reporter SEOUL: The heads of four of Korea’s most influential conglomerates, Lee Jae-yong, 52, the vice chairman of Samsung Electronics, Chung Eui-sun, 50, the chairman of Hyundai Motor Group, Choi Tae-won, 60, the chairman of SK group, and Koo Kwang-mo, the CEO of LG Corporation,…
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Column
Contemplation on the inside story of ‘France Terror’
By Peter Jaegeul Song Asia N Reporter SEOUL: Living in Europe from the early 2000s for about ten years during my teenage years, I had an opportunity to experience the diversity of Europe. In particular, I had witnessed how prosperity through coexistence positively influenced European citizens. At the time, I…
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Society
Indonesia media tycoon Oetama passes away at 88
By Peter Song Head of Foreign Cooperation Department – AJA Contributor to AsiaN SEOUL: Jakob Oetama, the owner of Indonesia’s largest media group “Kompas Gramedia” and the founder of the daily newspaper “Kompas Daily,” passed away on September 9. He was 18 days short of turning 89 on September 27.…
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Politics
The symbol of Democrats’ resistance and the controversies
By Peter Jaegeul Song Staff Reporter at The Asia N SEOUL: On Monday, June 8, a few dozen Congressional Democrats, including House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, tried to honor George Floyd’s memory by kneeling in the Capitol’s Emancipation Hall for 8 minutes and 46 seconds;…
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Column
Trump Administration should immediately stop racism, oppression of the press
By Peter Jaegeul Song Staff reporter at Asia N and officer at AJA SEOUL: Since the death of a black U.S. citizen by police assault on May 25, mass protests and the Trump administration’s coercive suppression have continued day after day. This series of events has caused deep unrest…
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Society
Reminiscing on the memories of Children’s Day
By Peter Jaegeul Song Staff Reporter at Asia N SEOUL: COVID-19 has brought about violent changes in every aspect of living across the continents and cultures. Social distancing, also called physical distancing, is bringing about the changes in the behaviour of our neighbours. Those whose jobs are maintaining communications…
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Business
COVID-19 shaking neoliberal system
By Peter Jaegeul Song Staff Reporter at Asia N SEOUL: Most countries expect negative growth as the global stock price and oil prices have plunged more than 30 percent due to the coronavirus infection (COVID-19). Investment bank Morgan Stanley expects the U.S. gross domestic product to fall more than 30…
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