WASHINGTON, Oct. 10 (Korea Bizwire) – North Korea could have up to 100 nuclear weapons in as early as four years that can be delivered on long-range, road-mobile and submarine-launched ballistic missiles, a U.S. think tank has said. The RAND Corp. made the estimate in a report released over the weekend on five major threats [...]
SEOUL, Oct. 7 (Korea Bizwire) – South Korea’s military is on high alert as North Korea might stage another provocation to celebrate its key anniversary early next week, government officials said Friday. North Korea appears to be ready to carry out another nuclear test or launch a ballistic missile at any time given increased activities [...]
SEOUL, Oct. 6 (Korea Bizwire) – Thirteen high school students and staff members were allegedly killed trying to recover portraits of former supreme leaders Kim Il-sung and Kim Jong-il in a flood-affected region in North Hamgyong Province, a display of unconditional loyalty to the state that took a deadly turn. According to an unnamed source [...]
BEIJING, Sept. 30 (Korea Bizwire) – China voiced its strong objection on Friday to South Korea’s push to place an advanced U.S. missile defense system on its soil, even vowing to take “necessary” action apparently in response to the Seoul government’s decision on the deployment site. “China has made clear its stance on several occasions [...]
SEOUL, Sept. 30 (Korea Bizwire) – South Korea has picked a golf course in the southeastern part of the nation as the new site for an advanced American missile defense system Friday to counter growing threats from North Korea, military officials said. The revised decision comes 2 1/2 months after Seoul and Washington picked the [...]
SEOUL, Sept. 30 (Korea Bizwire) – North Korea’s exports of coal to China reached a record high on a monthly basis last month despite sanctions imposed following a series of nuclear and missile tests, as the reclusive nation cut prices to boost its shipment to its strongest ally, a report showed on Friday. According to [...]
SEOUL, Sept. 28 (Korea Bizwire) – South Korea said Wednesday it has handed out 84 percent of support funds earmarked for local firms that operated factories in the now-shuttered joint industrial park in North Korea to help cover their financial losses. The government has offered 438.5 billion won (US$399.8 million) out of about 500 billion [...]
SEOUL, Sept. 28 (Korea Bizwire) – South Korea will develop or purchase a new laser air defense weapon to bring down small unmanned aerial vehicle (UAV) sent by North Korea, military officials said Wednesday. “Amid growing worries about possible terror attacks by North Korea’s unmanned drones, we are planning to secure a high-precision weapon which [...]
SEOUL, Sept. 23 (Korea Bizwire) – Nearly 60 percent of South Koreans support the country’s development of its own nuclear weapons, a poll showed Friday, amid the rising calls among hawkish lawmakers for Seoul to consider the aggressive option to curb Pyongyang’s provocations. According to the data compiled by pollster Gallup Korea, 58 percent of [...]
SEOUL, Sept. 21 (Korea Bizwire) – Heightened activity at North Korea’s nuclear test site may indicate that the reclusive country is getting ready to conduct another underground detonation in the near future, military officials here said Wednesday. South Korea’s military said it will remain on high alert as the North might launch another long-range missile [...]