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Business
CJ partners with SOHO China
CJ Group formed a partnership with China’s biggest real-estate developer SOHO China Tuesday to facilitate expansion of its food business in Asia’s largest market, industry insiders said Monday. An official representing CJ Foodville, they said signed an agreement with a counterpart from the Chinese developer in Beijing, Tuesday. Under the…
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Society
Seoul should forge peace zone in East China Sea
Korea can use the Ieodo issue to build confidence among countries bordering the East China Sea and transform the area into a “peace zone,” an expert said Tuesday. To do so, Ko Choong-suk, director of the Society of Ieodo Research, said Seoul should take a long-term approach to maritime delimitation,…
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Entry barrier lowered on foreigner-only casinos
The government lowered the entry barrier for foreign investors seeking to operate casinos in free economic zones (FEZs), Tuesday. Until now, foreign investors were required to make an investment of at least $300 million up front to build a hotel or convention center before seeking permission to run a foreigner-only…
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Western goods gain traction in NK
Is Coke “it” in North Korea? The question was raised last month when media unearthed a YouTube clip in which a restaurant serves cans of the iconic drink. The sight sparked speculation that the possible introduction of Coca-Cola by the Stalinist state was part of drive by North Korean leader…
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Society
Learning Chuseok customs
Korean men’s wives from Mongolia, Laos and China participate in an event to learn about customs for Chuseok, the Korean equivalent of Thanksgiving Day, at the Hyundai Green Food building in Seoul, Tuesday. They learned how to set a memorial service table and make ‘songpyeon’, a half-moon shaped rice cake,…
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Society
What’s behind Shin Ji-yai’s comeback?
Shin Ji-yai is back with a bang but it took 22 months, surgery, a new coach, two caddies and a Japanese psychologist. After nearly two years without a trophy, Shin pulled off a remarkable comeback, winning back-to-back titles in a week including her second British Women’s Open on Monday (KST).…
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West Asia
Israeli Soldiers Search Palestinian’s Van Near West Bank
A blindfolded and handcuffed Palestinian stands in front a van while Israeli soldiers inspect a vehicle, near the West Bank city of Ramallah, Monday, Sept. 18, 2012. <AP Photo/Nasser Shiyoukhi> news@theasian.asia
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West Asia
Bahrainis Hold Rally To Call For Freedom Of Jailed Activists
Bahraini women pray and hold up a sign calling for freedom for jailed human rights activist Nabeel Rajab during a pro-democracy rally organized by opposition groups in Muqsha, Bahrain, on Monday, Sept. 17, 2012. Bahrain says it has charged seven police lieutenants with alleged abuses against suspected anti-government protesters, including…
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World
Egyptian President Discusses Syrian Situation With Turkish FM
In this image released by the Egyptian President, Egyptian President Mohammed Morsi, right, meets with Turkish Foreign Minister Ahmet Davutoglu at the Presidential Palace in Cairo, Egypt, Monday, Sept. 17, 2012. Turkey, which hosts some 80,000 Syrian refugees, has accused Syria of “state terrorism” and has allowed rebels to use…
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World
Putin Attends Military Drill At Naval Base Near Black Sea
Russian President Vladimir Putin, third right back to camera, attends military strategic command and staff exercises Caucasus-2012 at a naval base near the Black Sea port of Novorossiysk, Russia, Monday, Sept. 17, 2012. <AP Photo/RIA-Novosti, Alexei Druzhinin, Presidential Press Service> news@theasian.asia
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