LONDON (AP) ― The Bank of England surprised markets Thursday by sanctioning another 75 billion pounds ($116 billion) injection into a British economy that’s suffering from the shockwaves of Europe’s debt crisis and the British government’s austerity program. The Bank’s rate-setting Monetary Policy Committee said it was reviving a program of asset purchases which injected 200 billion pounds in be...

The nation’s foreign exchange reserves fell by a margin of $8.8 billion to $303.3 billion between the end of August and the end of September, the largest drop since November 2008. The decline, govern... a time when another global financial crisis, this time of European origin, is looming large. Moody’s has recently downgraded Italy’s sovereign credit rating by three notches and a Greek default is no...

...t ruled on Thursday that Lone Star and its Korea representative rigged the stock prices of the bank’s credit card union to help the bank consolidate it at a lower cost in 2003. The court fined Lone St...the decisions must be made within the defined statutory realm. At stake is the financial authority’s decision on whether or not to approve Hana Financial Group’s agreement to buy Lone Star’s stake in...

Paul Hogan’s reptile-wrestling tough guy from the 1986 movie “Crocodile Dundee” typified Australia’s reputation for “mateship,” a creed of male friendship that often excludes women. A quarter of a ce... she’s finding respect hard to come by was apparent in a recent episode of the national broadcaster’s “At Home With Julia” television comedy. It depicted Gillard lying naked under the nation’s flag af...

...rdened by overweight schoolbags. Chiayi County follows with 37 percent. Over 30 percent of students in Nantou County, Hsinchu City, Taichung City and Tainan City carry schoolbags heavier than the MOE’s recommended one-eighth of the bearer’s weight, the research found. While the study highlighted school lockers as the key to reducing schoolbag weight, the government should start to make long-term plans to digitalize textbooks. Rather t...

The issue of relocating the U.S. Marine Corps’ Futenma Air Station in Okinawa Prefecture cannot be delayed any further. How can we avoid a situation in which the air station will remain where it is?...ve been implemented over many years and are substantial, are partly meant as “a reward” for Okinawa’s contribution to national security in the form of hosting a large portion of the U.S. bases in Japa...

The smoke-free and LEED certified Sheraton Incheon Hotel said it won three awards at the 18th World Travel Awards 2011; Asia’s Leading New Hotel in 2011 for the second consecutive year, Asia’s Leading Green Hotel in 2011 and Korea’s Leading Business Hotel in 2011. This year, about 213,000 industry professionals participated in the voting process for the World Travel Awards, the hotel said. Sherat...

...Amiga, two movie tickets at the Lotte Cinema, admission to the fitness center and indoor swimming pool. Healthy lattes and oatmeal cookies or Oriental tea and rice cake will be available in the lobby’s lounge. The package costs 245,000 won. For an additional 150,000 won, upgraded rooms to two-storied suites or antique corner suites will be available. For more information, call (02) 3440-8000 or vi...