The revolving door between Goldman Sachs Group Inc. and central banks is spinning again. The fifth-biggest U.S. bank by assets said Saturday it hired Bank of England economist Andrew Benito after recruiting Huw Pill from the European Central Bank in May and Naohiko Baba from the Bank of Japan in January. Moving in the other direction, Ben Broadbent, Goldman Sachs’s ex-chief U.K. economist, started

A high school student from Daegu has made a name for herself by winning a literature award, outperforming adult competitors.Lee Bong-hwa, 18, was selected as the winner of this year’s new novelist award by Writer’s Perspective, a quarterly literature journal.Her story, “Views Down from the Sky,” is about a girl desiring to become an artist, consistently failing to capture the scenery of her dreams

South Korea’s military academy has appointed a female civilian as a professor for the first time in its history, an academy official said Saturday.The development comes as the male-dominated military is seeking to give more opportunities to women.Jung Sung-im, a former research fellow of Ewha Womans University, became the first woman and civilian professor to have a full-time teaching position at

                                        Moon Jong-hoonSK Networks Co., Walkerhill has named COO Moon Jong-hoon as new president of the company as of Friday.Moon graduated from Korea University with a major in Business Administration and has actively worked for SK since 1983 as division director of Car Life Division of SK Co., executive director of Marketing Solution Business Unit of SK M&C and COO

South Korean ship captain Seok Hae-kyun, who was rescued from Somali hijackers earlier this year, was picked as the recipient of an international maritime award in recognition of his bravery during the harrowing event, Seoul’s maritime affairs ministry said Sunday.The International Maritime Organization (IMO) has decided to give this year’s “Award for Exceptional Bravery at Sea” to Seok Hae-kyun,

KABUL ― A few weeks ago, late on the night that President Obama announced he would be withdrawing troops from Afghanistan faster than the military had wanted, Gen. David Petraeus held a videoconference from Washington with his senior staff, who were assembled in Kabul for their 7:30 a.m. meeting. He assured them their campaign plan was still “doable,” even with fewer numbers over time, and told th

On Wednesday, U.S. President Barack Obama announced he would order a gradual troop withdrawal from Afghanistan. On a superficial level there is nothing surprising about this decision. Obama is simply implementing what he had promised the American people in 2009 when he agreed to honor Gen. Stanley McChrystal’s request for more troops. The surge was always going to be temporary, especially in view

MADRID (AP) ― The U.S. and Spain said Saturday they won’t let Moammar Gadhafi’s threats of retaliatory attacks in Europe deter their mission to protect Libyan civilians and force him to leave power after four decades of often unpredictable and sometimes violent rule.“Instead of issuing threats, he should be putting the well-being and interests of his own people first,” U.S. Secretary of State Hill