SEOUL, Oct. 18 (Korea Bizwire) – Hillary Clinton’s policy on North Korea is likely to be tougher than that pursued by President Barack Obama in the event she becomes the next president of the United States next month, an official said Monday. Chung Chong-wook, vice chairperson of the Presidential Committee for Unification Preparation, said Clinton [...]
SEOUL, Oct. 11 (Korea Bizwire) – North Korea plans to hold an international event in August 2017 to bolster the personality cult of three generations of late founder Kim Il-sung’s family, Pyongyang’s state media said Tuesday. The North plans to hold a gathering to praise the accomplishments of the Kim family at Mt. Baekdu, the [...]
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) – 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. 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 [...]