North Korea Financial News

Subscribe to enjoy similar stories. SEOUL—Kim Jong Un tried peace talks and refrained from testing new weapons to shed North Korea’s status as a pariah state. Now he is doubling down on rogue behavior to get what he wants.

Ukrainian President Volodymyr Zelenskyy said Sunday that Russia had launched around 900 guided aerial bombs, 500 drones and 30 missiles against Ukraine over the past week. Zelenskyy appealed Sunday on X to Ukraine's allies to provide «long-range capabilities for our security», saying that these «attacks would have been impossible if we had sufficient support from the world». Kyiv is still awaiting word from its Western partners on its repeated requests to use the long-range weapons they provide to hit targets on Russian soil, including for preemptive Ukrainian strikes on camps where North Korean troops are being trained.

Subscribe to enjoy similar stories. Officials from China have avoided direct comment on North Korea’s despatch of thousands of troops to Russia, where they might help in a conflict that all three countries see as a contest against overweening American might. China itself is a crucial if undeclared backer of Russia’s war effort in Ukraine, providing technological support for Russia’s defence industries.

United States flew a long-range bomber in a trilateral drill with South Korea and Japan on Sunday in response to North Korea's recent test-firing of a new intercontinental ballistic missile designed to strike the U.S. mainland, South Korea's military said. North Korea on Thursday tested the newly developed Hwasong-19 ICBM, which flew higher and stayed in the air longer than any other missile it has fired. North Korean leader Kim Jong Un called it «an appropriate military action» to cope with external security threats posed by its rivals.

«We assess that Indian state-sponsored cyber threat actors likely conduct cyber threat activity against Government of Canada networks for the purpose of espionage,» the report said. The development comes as the bilateral relationship has gone south since Prime Minister Justin Trudeau said a year ago that Canada had credible evidence that agents of the Indian government were involved in the murder of Canadian Sikh activist Hardeep Singh Nijjar in British Columbia in June 2023, a charge dismissed as absurd by India.

“Red light… GREENLIGHT!” Netflix tweeted to announce the season's renewal, referencing the iconic game from season 1 that captivated audiences worldwide. Creator Hwang noted, “It took 12 years to bring the first season of Squid Game to life… and just 12 days for it to become the most popular Netflix series.” He expressed gratitude to fans, saying, “Thank you for watching and loving our show.”

North Korea will stand by Russia until its victory in Ukraine, Pyongyang's foreign minister said in Moscow Friday, as the United States warned thousands of North Korean troops could be sent to combat in the Ukraine conflict in the coming days. North Korea's Choe Son Hui is on a visit to Moscow as the West believes up to 10,000 North Korean troops are on the brink of entering the more than two-year conflict on Russia's side. US intelligence has said some North Korean forces have made their way to Russia's Kursk border region, with Washington and Seoul urging Pyongyang to withdraw its troops.

armoured vehicles, and anti-tank weapons. In a statement, the Pentagon said, «The Department of Defense (DoD) announced additional security assistance to meet Ukraine's critical security and defence needs. This announcement is the Biden Administration's sixty-ninth tranche of equipment to be provided from DoD inventories for Ukraine since August 2021.» It added, «This Presidential Drawdown Authority (PDA) package, which has an estimated value of $425 million, will provide Ukraine additional capabilities to meet its most urgent needs, including air defence interceptors; munitions for rocket systems and artillery; armoured vehicles; and anti-tank weapons.»

North Korea will back Russia until it achieves victory in the Ukraine war, Foreign Minister Choe Son Hui said on Friday at talks in Moscow with Russian Foreign Minister Sergei Lavrov. «Our traditional, historically friendly relations, which have travelled the tested path of history, today… are rising to a new level of relations of invincible military comradeship,» she told Lavrov, praising the role played in this by North Korean leader Kim Jong Un and Russian President Vladimir Putin. She said Pyongyang had no doubt that under Putin's «wise leadership» the Russian army and people would «achieve a great victory in their sacred struggle to protect the sovereign rights and security interests of their state.»

Choe Son Hui, in a Moscow meeting with Russian Foreign Minister Sergei Lavrov, accused the United States and South Korea of plotting a nuclear strike against her country. She did not provide evidence to back her assertion, but spoke of regular consultations between Washington and Seoul at which she alleged such plotting took place. Choe, who said the situation on the Korean Peninsula could become «explosive» any moment, told Lavrov that North Korea needed to strengthen its nuclear arsenal and perfect its readiness to deliver a retaliatory nuclear strike if necessary.

North Korea will stand by Russia until its «victory» in Ukraine, Pyongyang's foreign minister said in Moscow amid growing fears the reclusive country will enter the Ukraine conflict. North Korean Foreign Minister Choe Son Hui made the statement after talks with her Russian counterpart Sergei Lavrov in Moscow. She was in Moscow as the West says thousands of North Korean troops are in Russia and will possibly be used in Ukraine.

Korean Peninsula, after Pyongyang said it had test-fired one of its most powerful missiles to boost its nuclear deterrent. The launch was North Korea's first weapons test since being accused of sending soldiers to Russia. South Korea's military said its «initial judgement» was that the projectile may have been a «new solid-propelled long-range ballistic missile».

Subscribe to enjoy similar stories. SEOUL—Just days before the U.S. presidential election, North Korea launched an apparent intercontinental ballistic missile that stayed airborne longer than anything the Kim Jong Un regime had ever launched before.

Asian shares are mostly declining amid uncertainty ahead of the United States presidential election next week

Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion, but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) «largely due to one-off costs». It also warned in a statement that «the strength of the Korean won against the US dollar resulted in a negative impact on company-wide operating profit».

North Korea has sent about 10,000 troops to Russia to train and likely fight against Ukraine within «the next several weeks,» the Pentagon said Monday, in a move that Western leaders say will intensify the almost three-year war and jolt relations in the Indo-Pacific region. Some of the North Korean soldiers have already moved closer to Ukraine, Pentagon spokeswoman Sabrina Singh said, and were believed to be heading for the Kursk border region, where Russia has been struggling to push back a Ukrainian incursion. Earlier Monday, NATO Secretary-General Mark Rutte NATO confirmed recent Ukrainian intelligence reports that some North Korean military units were already in the Kursk region.

North Korea has sent about 10,000 troops to Russia to train and fight in Ukraine within «the next several weeks,» the Pentagon said Monday, in a move that Western leaders say will intensify the almost three-year war and jolt relations in the Indo-Pacific region. Some of the North Korean soldiers have already moved closer to Ukraine, Pentagon spokeswoman Sabrina Singh said, and were believed to be heading for the Kursk border region, where Russia has been struggling to push back a Ukrainian incursion. Earlier Monday, NATO Secretary-General Mark Rutte confirmed recent Ukrainian intelligence reports that some North Korean military units were already in the Kursk region.

JPMorgan Chase CEO Jamie Dimon has expressed concerns about the wars in Ukraine and the Middle East, and the growing cooperation between US adversaries including Russia, China, North Korea and Iran. “The risk is extraordinary,” he said. “World War III has already begun. You already have battles on the ground being coordinated in multiple countries," he said at the Institute of International Finance’s annual meeting in Washington DC. Jamie Dimon has given a stern warning about geopolitical threats that could hurt the global economy. “Recent events show that conditions are treacherous and getting worse,” he wrote in a press release. According to a report in Business Insider, Jamie Dimon said US adversaries want to topple the world order, and the Russia-Ukraine and Israel-Hamas conflicts could explode into a new world war.

North Korean troops are poised to be deployed by Russia on the battlefield in Ukraine as early as this weekend, Ukrainian President Volodymyr Zelenskyy claimed on Friday. Western officials have warned that North Korean units joining the fight would stoke the almost three-year war and bring geopolitical consequences as far away as the Indo-Pacific region. The possibility has alarmed leaders and deepened diplomatic tensions around the war. A senior official in the Ukrainian presidential office told The Associated Press on Friday that Zelenskyy had cancelled a planned visit to Kyiv by UN Secretary-General Antonio Guterres. The official, who spoke on condition of anonymity because he was not authorised to speak publicly about the matter, said the visit was supposed to come after this week's summit in the Russian city of Kazan of the BRICS bloc of developing economies, which Guterres attended.

Russian President Vladimir Putin has presided at the closing session of a summit of the BRICS bloc of developing economies, hailing its role as a counterbalance to the West

Russia moved to ratify a key defence pact with North Korea on Thursday, while South Korea warned it would not «sit idle» if Pyongyang deployed thousands of troops to help Moscow fight Ukraine. Seoul's spy agency says thousands of North Korean soldiers are currently training in Russia and are likely to deploy to the front lines in Ukraine soon, with thousands more to be sent by December. Lawmakers in Russia's lower house of parliament voted unanimously on Thursday to ratify a treaty with North Korea that provides for «mutual assistance» if either party faces aggression.