SEOUL, April 24 (Korea Bizwire) – North Korea is likely to deploy submarine-launched ballistic missiles within the next three to four years for actual combat use, having made “some progress” in related technology areas, the defense ministry said Sunday. A day earlier, North Korea fired an SLBM in the East Sea, which flew some 30 [...]
SEOUL, March 29 (Korea Bizwire) – North Korean TV stations have recently been airing war-related movies on a daily basis. The North Korean central news agency aired a program called ‘Chosun Art Films – from 5 o’clock to 5 o’clock’ on March 28. The 78-minute movie that was produced in 1980 tells the story of the [...]
SEOUL, March 22 (Korea Bizwire) – The top nuclear envoys of South Korea and the United States agreed Tuesday to “actively” push for three-way consultations involving China over the implementation of new U.N. sanctions on North Korea and its denuclearization, Seoul’s Foreign Ministry said. Kim Hong-kyun, South Korea’s special representative for Korean Peninsula peace and security [...]
SEOUL, March 18 (Korea Bizwire) – North Korea fired two missiles on Friday in the latest show of force against the ongoing joint military exercises between South Korea and the United States, but one appears to have blown up in flight, official sources said Friday. The Joint Chiefs of Staff (JCS) said one ballistic missile was fired [...]
SEOUL, Feb. 23 (Korea Bizwire) – South Korea and the United States held working-level consultations here Tuesday on tightening the screw on North Korea for its provocations, the Foreign Ministry said. Kim Gunn, the ministry’s director general for North Korean nuclear affairs, met with Jennifer Fowler, deputy assistant secretary of treasury for terrorist financing. They [...]
SEJONG, Feb. 18 (Korea Bizwire) – South Korea will make efforts to prevent rising North Korean risks from hampering foreign investment in the country following North Korea’s latest nuclear test and rocket launch, the trade minister said Thursday. After carrying out an alleged hydrogen bomb test in early January, Pyongyang defiantly launched a long-range rocket [...]
SEOUL, Feb. 17 (Korea Bizwire) – North Korean Foreign Minister Ri Su-yong will attend a U.N. human rights meeting to open in Geneva later this month, an official of the organization said Wednesday. Ri plans to deliver a speech at the 31st session of the U.N. Human Rights Council on March 1, according to the [...]
SEOUL, Feb. 12 (Korea Bizwire) – North Korea ordered all South Koreans on Thursday to immediately leave a joint industrial park in the North and froze all South Korean assets there in retaliation for Seoul’s suspension of the complex. The North’s move to expel South Koreans from the Kaesong Industrial Complex in the North’s border [...]
SEOUL, Feb. 11 (Korea Bizwire) - South Korea said Thursday that it will come up with a set of measures to support its firms operating at a joint factory park in North Korea to help minimize any fallout from the shutdown. On Wednesday, the Seoul government announced that it will stop the operation of the factory [...]
SEOUL, Feb. 10 (Korea Bizwire) – Seoul and Pyongyang are both anticipated to suffer repercussions from the latest decision to “completely shutdown” the operation of the joint industrial complex in the North Korean border city of Kaesong, industry watchers said Wednesday. On Wednesday, the South Korean government said it has decided to indefinitely suspend the [...]