in places like Hong Kong and Singapore. Such outsourcing is illegal in Korea. "Such practices are part of the foreign banks' desire to manage their entire Asian portfolio," Kim said. "In cases of big investment banks, trading on a regional level can have a great impact on the domestic financial markets as such management can lead to sharp changes to the portfolios of the banks' local branches." The FSS plans to inspect 15 foreign banks operating in Korea every year to monitor their fund management from this year, citing the need to proactively manage potential market risks. "Foreign banking branches (in Korea) are considered to have a great effect in increasing the volatility of capital flows in and out of the market," the FSS said in a separate statement, adding such branches tend to take on short-term foreign currency borrowings to conduct derivatives or government bonds trading. Kim told reporters HSBC Holdings PLC and Credit Agricole S.A. have already been sanctioned for improper outsourcing of operations involving derivatives. He added that another European bank may be sanctioned fo, driven by a strong growth in tablets, ARM President Tudor Brown said Monday. ARM, whose microchip blueprints can be found in most mobile phones, including Apple Inc.'s iPhone, expects shipments of ARM-based chips to reach 150 billion by 2020, up from 25 billion currently, Brown said at a press conference during the Computex electronics trade show in Taipei. He aithin two months, and when it does, there will be more than a mile of pathways beneath the city. Officials say at least one other major project is in the works. Soon, anyone so inclined will be able to spend much of their time in Jerusalem without seeing the sky. On a recent morning, a man carrying surveying equipment walked across a two-millennia-old stone road, paused at the edge of a hole and disappeared underground. In a multilevel maze of rooms and corridors beneath the Muslim Quarter, workers cleared rubble and installed steel safety braces to shore up crumbling 700-year-old Mamluk-era arches. Above ground, a group of French tourists emerged from a dark passage they had entered an hour earlier in the Jewish Quarter and found themselves among Arab shops on the Via Dolorosa, the traditional route Jesus took to his crucifixion. South of the Old City, visitors to Jerusalem can enter a tunnel chipped from the bedrock by a Judean king 2,500 years ago and walk through knee-deep water under the Arab neighborhood of Silwan. Beginning this summer, a new passage will be open nearby: a sewer Jewish rebels are thought to have used to flee the Roman legions who destroyed the Jerusalem temple in 70 A.D. The sewer leads uphill, passing beneath the Old City walls before expelling visitors into sunlight next to the rectangular enclosure where the temple once stood, now home to the Al-Aqsa Mosque and the gold-capped Dome of the Rock. From there, it's a short walk to a third passage, the Western Wall tunnel, which continues north from the Jewish holy site past stones cut by masons working for King Herod and an ancient water system. Visitors emerge near the entrance to an ancient quarry called Zedekiah's Cave that descends under the Muslim Quarter. The next major project, according to the Israel Antiquities Authority, will follow the course of one of the city's main Roman-era streets underneath the prayer plaza at the Western Wall. This route, scheduled for completion in three years, will link up with the Western Wall tunnel. The excavations and flood of visitors exist against a backdrop of acute distrust between Israeli Jews and Palestinian Muslims, who are suspicious of any government moves in the Old City and particularly around the Al-Aqsa compound, Islam's third-holiest shrine. Jews know the compound as the Temple Mount, site of two destroyed temples and the center of the Jewish faith for three millennia. Muslim fears have led to violence in the past: The 1996 opening of a new exit to the Western Wall tunnel sparked rumors among Palestinians that Israel meant to damage the mosques, and dozens were killed in the ensuing riots. In recent years, however, work has gone ahead without incident. Mindful that the compound has the potential to trigger devastating conflict, Israel's policy is to allow no excavations there. Digging under Temple Mount, the Israeli historian Gershom Gorenberg has written, "would be like trying to figure out how a hand grenade works by pulling the pin and peering inside." Despite the Israeli assurances, however, rumors persist that the excavations are undermining the physical stability of the Islamic holy sites. "I believe the Israelis are tunneling under the mosques," said Najeh Bkerat, an official of t