SEOUL, June 9 (Korea Bizwire) – North Korea on Thursday threatened to make a “merciless” retaliation against South Korea, claiming that Seoul repeatedly violated its territorial waters and airspace off its western coast. South Korea’s reconnaissance drones made flights over the Yellow Sea along the de facto western maritime boundary on Tuesday and intruded three [...]
SEOUL, June 8 (Korea Bizwire) – North Korea ranks 134th of the world’s 170 countries in terms of internet connection speed, a U.S.-based media report said Wednesday. According to the Voice of America (VOA), North Korea’s internet speed remained at 2.0 Mbps, a mere one-thirteenth of South Korea, which has the fastest Internet connectivity speed [...]
SEOUL, June 7 (Korea Bizwire) – North Korean party officials have visited Vietnam and Laos, the North’s state media said Tuesday, apparently as part of the North’s diplomatic effort to break the international sanctions regime. The delegation, led by Choe Thae-bok, a vice chairman of the ruling party’s central committee, arrived in Vientiane on Monday [...]
SEOUL, June 3 (Korea Bizwire) – South Korea needs to build a nuclear-powered submarine to better counter North Korea’s possible nuclear and missile attacks, an expert at Seoul’s state-run think tank said Friday. With the new atomic energy pact reached between South Korea and the United States in 2015, the last restrictions to building a [...]
SEOUL, June 3 (Korea Bizwire) – Over 20 countries, including the United States and Russia, have submitted their detailed action plans on how they will enforce sanctions on North Korea following its nuclear test and a long-range missile launch earlier this year, sources said Friday. According to the sources, South Korea, Japan, the United Kingdom, [...]
BEIJING, June 2 (Korea Bizwire) – China said Thursday it opposes unilateral sanctions by a certain country against North Korea, reacting coolly to a U.S. decision that designated North Korea as a “primary money laundering concern” with the aim of blocking the North’s access to the global financial system. The designation by the U.S. Treasury [...]
SEOUL, June 2 (Korea Bizwire) – South Korea on Thursday welcomed the U.S.’ move to designate North Korea as a “primary money laundering concern,” saying that it indicates Washington’s strong commitment to faithfully carry out the toughened sanctions on the communist country for its nuclear weapons program. The foreign ministry vowed to keep working closely [...]
SEOUL, June 1 (Korea Bizwire) – North Korea’s propaganda outlet on Wednesday hailed Republican presidential hopeful Donald Trump’s claim that South Korea should pay more for the upkeep of American troops on its soil. DPRK Today called Trump a “wise” politician, saying that if the United States withdraws its troops from the Korean Peninsula, the [...]
SEOUL, June 1 (Korea Bizwire) – South Korean firms suffering months-long financial damage from the shutdown of a joint industrial complex in North Korea expressed discontent with the latest government support measures on Tuesday, saying the partial aid is not enough to compensate for their losses. Seoul shut down the Kaesong Industrial Complex in the North’s [...]
SEOUL, May 31 (Korea Bizwire) – A North Korean hacking group is suspected of launching cyberattacks against a South Korean cybersecurity service firm amid heightened tensions on the Korean Peninsula, state prosecutors said Tuesday. The Seoul Central District Prosecutors’ Office said the group allegedly first hacked into the company, whose identity was withheld, in November [...]