China’s hot money ebb away due to business slowdown
As China’s economic growth is slowing down, large amounts of hot money (international short-term fund for speculative purpose) leave for overseas. According to the latest statistics announced by The People’s Bank of China on Aug. 14, 3.9 billion yuan (674.4 billion won) among foreign reserves financial institutions within China possessed escaped to overseas last month. Moreover, […]
Could Japanese understand it?
KFA letter contains at least 27 grammatical, contextual errors A brief six-paragraph letter sent by the Korea Football Association (FTA) to its Japanese counterpart regarding the brouhaha following the football match between the two countries at the London Olympics contains at least 27 mistakes. Judging by his poor construction, it is doubtful that KFA President […]
Death of dissident in 1975 may bring political storm
The main opposition Democratic United Party (DUP) said Friday that it will form a fact-finding panel to investigate the death of Chang Joon-ha, a prominent dissident who fought against the authoritarian government of then-President Park Chung-hee, in 1975. The move came after Chang’s family renewed suspicions that he might have been murdered by agents, not […]
Gamers pack Korean developers’ booths
COLOGNE, Germany — At one of the biggest games trade shows in the World, the booths of Korean game developers and exhibitors Nexon and NCsoft bustled. On the opening day of the four-day Gamescom 2012, taking place at the Koelnmesse exhibition center for the fourth consecutive year, the two firms had booths in Hall 8 […]
Beer, liquor ads to be banned on buses, subways
Seoul City said Friday that it will ban alcoholic beverage advertisements on buses, bus stops and subways in Seoul starting September in an effort to minimize the effect of such media campaigns on the public. City officials hope the measure will reduce disturbances caused by excessive drinking. Under the scheme, alcohol ads on bus exteriors […]
Bestselling history cartoon gets facelift
The revised version of the best-selling “Faraway Neighbor Countries” cartoon series recently hit local bookstores. (Photo : Gimmyoung Publishing) A local publisher has recently re-issued one of the most popular comic book series, the “Faraway Neighbor Countries” by the nation’s first-generation cartoonist Lee Won-bok. Since its first publication in 1987, the 14-book series on the […]
[Nigeria Report] South Africa police open fire at striking miners
![[Nigeria Report] South Africa police open fire at striking miners](http://www.theasian.asia/wp-content/themes/city-desk/timthumb.php?src=http%3A%2F%2Fwww.theasian.asia%2Fwp-content%2Fuploads%2F2012%2F08%2FSouth-Africa1.jpg&q=90&w=160&h=106&zc=1 "[Nigeria Report] South Africa police open fire at striking miners")
At least seven people were shot dead after South African police opened fire on thousands of miners striking over pay, according to reports from The Nation Newspaper. The Nation reported that a Reuter’s cameraman saw at least seven bodies on the ground at the scene, while the country’s Sapa news agency has said “at least” […]
Latest African news roundup
Indonesia seeks closer ties with Nigeria The Punch Newspaper reported that the Republic of Indonesia is seeking closer diplomatic ties with Nigeria as it marks its 67th independence anniversary. The Indonesian Ambassador to Nigeria, Sudirman Haseng, said the country was poised towards building on the long-standing mutually beneficial relations between the two countries. Haseng identified […]
Anti-graft agency to submit bill on civil servants
The country’s anti-corruption agency announced Thursday that it will seek to introduce a law that would significantly help the country eliminate corruption in the public sector. Kim Young-ran, the head of the Anti-Corruption and Civil Rights Commission (ACRC), said that her agency spent more than a year consulting with related ministries. Under the bill proposed […]
Hanwha chairman jailed
Kim Seung-youn gets 4-year prison term for embezzlement Hanwha Group Chairman Kim Seung-youn was sentenced to four years in prison and fined 5.1 billion won ($4.5 million) Thursday for embezzlement and breach of trust. Kim was imprisoned immediately after the Seoul Western District Court handed down the ruling. Hanwha officials said he will appeal. Prosecutors […]
![[Novel] The Road to Shamawes ⑯](http://www.theasian.asia/wp-content/themes/city-desk/timthumb.php?src=http%3A%2F%2Fwww.theasian.asia%2Fwp-content%2Fuploads%2F2013%2F08%2FAshraf-2novel-news_9601.jpg&q=90&w=300&h=0&zc=1 "[Novel] The Road to Shamawes ⑯")
