Archive for February, 2015
The Olympic Games’ motto, “Faster, higher, stronger,” can now grow by one word in the U.S. market: “richer.”
The gaming commission in the U.S. state of Nevada has unanimously approved betting on the Olympics in Las Vegas, the country’s gambling capital.
Although betting on the Olymp… …read more
Samsung Electronics is freezing wages for all staff this year as earnings plunged due to sluggish smartphone sales last year.
The electronics giant reached the decision in talks with unions, it said on Thursday. The enterprise-wide freeze is the first since 2009, just after the global fin… …read more
The FIFA Women’s World Cup Trophy Tour made a stopover in Korea on Wednesday.
The trophy was unveiled at the National Football Center in Paju, Gyeonggi Province in the presence of the national women’s football team.
It is 47 cm tall, weighs 4.6 kg and is made of gold, bronze and al… …read more
A Korean teenager who went missing in Turkey in January is receiving training in an ISIS boot camp, the National Intelligence Service told the National Assembly on Tuesday.
The NIS says it contacted the Islamist terror group through an overseas intelligence intermediary with a request to s… …read more
President Park Geun-hye paid her last respects to Park Young-ok, her cousin and the wife of former Prime Minister Kim Jong-pil, who died last Saturday aged 86.
Park arrived at the funeral hall at the Asan Medical Center in Seoul at 4:30 p.m. where she laid white chrysanthemums on a memori… …read more
If President Park Geun-hye decides to go to Russia in May, she should do it with several solid goals in mind, not on the off-chance of meeting North Korean leader Kim Jung-un there for a chat.
As a wartime ally of the U.S., the Soviet Union agreed to fight in the Pacific theatre against Ja… …read more
Eurozone finance ministers agreed Friday to extend Greece’s bailout loan program for four months, overcoming a Greece-Germany stand-off.
Greek officials are expected to present a list of comprehensive reforms on Monday for the country’s debt inspectors to assess. Parties realized that is m… …read more
Germany on Thursday rejected debt-ridden Greece’s bid for a six-month extension of its bailout, but Athens later said that the country’s premier had a “constructive” phone call with Germany’s leader about the financial crisis.
Premier Alexis Tsipras and Chancellor Angela Merkel talked for … …read more
Geneva prosecutors have raided the Swiss office of the British banking giant HSBC and announced a criminal investigation into accusations it was laundering money.
The raid was taking place at the offices of HSBC Private Bank Switzerland, according to a statement released Wednesday by Genev… …read more