North Korea Financial News

Northvolt AB will cut a large number of jobs and sell or seek partners for its energy storage and materials businesses as Europe’s leading battery hope aims to survive by refocusing on its struggling first gigafactory in northern Sweden.

Silicon Valley’ have to do with a popular Korean streetside food? Bengaluru, the tech hub of India, has been trending for some time now thanks to its unique culture. The hashtag ‘Peak Bengaluru’ trended a lot on social media, which showed techies working on their laptops while travelling and juggling office work with shopping. A fresh trend called "Deep Bengaluru" has been gaining attention across social media platforms. The movement started with just one post. On September 2, Nikhil Velpanur, at the well-known ramen joint Naru Noodle Bar, responded to severe criticism. In his defense of the restaurant he adored, Nikhil proudly identified himself as a «deep Bangalorean» and mentioned that he had savored over 1,000 bowls of ramen there. “Seeing a lot of hate towards Naru Noodle Bar and arbitrary ratings pulled out of their hats with no credible analysis or justification. I’ve eaten more than 1,000 bowls of ramen and am obsessed with Naru Noodle Bar before it even had a physical location in the courtyard,” he wrote on X.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

intelligence agencies said Saturday that Ukraine's surprise incursion into Russia is a significant achievement that could change the narrative of the grinding 2 1/2-year war. Richard Moore, the head of MI6, said Kyiv's surprise move in August to seize territory in Russia's Kursk region was «typically audacious and bold on the part of the Ukrainians, to try and change the game». He said the offensive had «brought the war home to ordinary Russians». Speaking alongside Moore at a rare public event in London, CIA Director William Burns said the offensive was a «significant achievement» that had exposed vulnerabilities in the Russian military. Burns also warned of the growing and «troubling» defence relationship between Russia, China, Iran and North Korea that he said threatens both Ukraine and Western allies in the Middle East. North Korea has sent ammunition and missiles to Russia to use against Ukraine, while Iran supplies Moscow with attack drones.

will help investors gauge the extent of a rate cut at the Federal Reserve's meeting this month. The rupee settled at 83.9475 to the U.S. dollar, up from 83.9825 in the previous session. For the week, the rupee fell 0.1%.

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The leaders of South Korea and New Zealand have strongly condemned the deepening military ties between North Korea and Russia

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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Kim Jong Un supervised a demonstration of new exploding drones designed to crash into targets, state media said Monday, as the U.S. and South Korea engage in joint military drills. North Korean test photos showed a white drone with X-shaped tails and wings supposedly crashing into and destroying a target resembling South Korea's main K-2 battle tank. Most combat drones stand off from targets and fire missiles. The North's official Korean Central News Agency said Saturday's test involved various types of drones built to fly different ranges to attack enemy targets on land and sea and flew along various routes before accurately hitting test targets. After the test, Kim pledged to spur the development of drones that explode on impact, conduct reconnaissance or attack targets underwater to boost his country's war readiness, saying the North's military should be equipped with advanced drones «as early as possible,» KCNA said.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

SEOUL—A push by Netflix to keep its subscribers hooked involves 90-minute cram sessions on South Korean culture and expressions to ensure better-quality dubbing and translations. Dae-bak expresses a pleasant surprise. Aish means disappointment.

Godzilla-style monster flick. Kim Jong Un, the current ruler, demands “masterpieces pulsating with the sentiment of the times", by which he means praise for himself. The president of South Korea probably has views on the arts, too.

Ukraine’s incursion into Kursk isn’t just a brash bid to upend Russia’s invasion. It also marks the first time that a declared nuclear power has faced invasion and occupation by another country. For decades, nuclear-escalation theory has presumed that countries with atomic weapons were largely immune from attack because an aggressor risked triggering armageddon.

gold medal at stake, the top two — India’s Avani Lekhara and Korea’s Yunri Lee — were tied on points. The pressure was squarely on Lekhara as she was desperately fighting to defend the gold medal she had won in Tokyo. Lee, on the other hand, had peaked at the right time and shot multiple 10.8s to stay neck and neck with the Indian. Under pressure from her opponent, Lekhara fired a 9.9 in her penultimate shot. The Korean took advantage of the Indian’s wobble and fired another fantastic 10.7 to secure a 0.8 advantage going into the final shot. Even the hopeless optimists must have given up on the hope of the gold medal. It seemed the curse of Olympics ‘near misses’ was following India to the Paralympics too. But that’s when sport teaches you a lesson. That it’s not over till it’s over. 10.5 in her final shot for a final score of 249.7 to improve upon her own Paralympic record by 0.1. Now, all eyes were on the Korean. It was her medal to lose. Perhaps the weight of expectations was too much for Lee to bear as she ended up shooting a shocking 6.8 and surrendered the gold. Lekhara was once again the champion, India got its first gold medal in Paris.

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West Bengal CM Mamata Banerjee's «If you burn Bengal, Assam, North-East, Uttar Pradesh, Bihar, Jharkhand, Odisha, and Delhi too shall burn!» remarks, Union Minister Giriraj Singh on Thursday compared Mamata Banerjee to North Korea' Supreme Leader Kim Jong-Un and said Mamata can't tolerate her opposition similar to him. Taking the reaction further, Singh said that this can't be the language of a democratic person. On West Bengal CM Mamata Banerjee's speech, Union Minister Giriraj Singh said, «This can't be the language of a democratic person, of a Chief Minister. North Korean leader Kim Jong-Un doesn't tolerate his Opposition. Similarly, Mamata Banerjee doesn't tolerate the words of her Opposition.»

BEIJING — U.S. government researchers recently visited a South Korean mine to assess progress towards boosting supply of a critical metal called tungsten from areas outside China, the mine operator said Wednesday.

North Korea vowed Saturday to advance its nuclear capabilities, reacting to a report that the United States had revised its own nuclear strategic plan. The country will «bolster up its strategic strength in every way to control and eliminate all sorts of security challenges that may result from Washington's revised plan», the official Korean Central News Agency (KCNA) reported. The New York Times reported this week that a US plan approved by President Joe Biden in March was to prepare for possible coordinated nuclear confrontations with Russia, China and North Korea.