North Korea Financial News

Forensic and other experts are combing through the charred ruins of a factory building near South Korea’s capital to find the cause of a fire that killed 23 people, mostly Chinese migrant workers

A fire likely sparked by exploding lithium batteries has swept through a manufacturing factory near South Korea’s capital, killing 22 mostly Chinese migrant workers and injuring eight

trade agreement (FTA) moving forward between India and Korea, the department of commerce is engaging with different ministries, including heavy industries, steel, and chemicals, to prepare the offer list, an official said. Preparation of the list is part of the negotiations, which are underway, for the upgrade of the existing FTA between the two countries, dubbed as comprehensive economic partnership agreement (CEPA). The agreement was operationalised in January 2010. So far, 10 rounds of talks have been concluded. The official said both sides have exchanged the request list and «are working on the offer list» and for that the commerce ministry is holding discussions with different ministries, including steel, heavy industries, textiles, chemicals and petrochemicals.

China is watching closely as Russia and North Korea deepen their relationship through a new defense pact, sparking concerns about potential shifts in power dynamics among the three authoritarian states.

South Korea's port city of Busan on Saturday for joint military exercises this month with the host nation and Japan, the Yonhap news agency said. The leaders of the three nations agreed at a Camp David summit in August 2023 to hold annual military training drills as they condemned China's «dangerous and aggressive behaviour» in the disputed waterway of the South China Sea. Russian President Vladimir Putin visited North Korea this week for the first time in 24 years and signed a deal with leader Kim Jong Un that included a mutual defence pledge.

South Korea says it will consider sending arms to Ukraine after Russia and North Korea rattled the region and beyond by signing a pact to come to each other’s defense in the event of war

Apple unveiled ‘Apple Intelligence’—a suite of features that bring generative AI to iPhones, iPads and Macs. As a user, you can transcribe recorded calls, generate emails and summarize notes, erase objects from images, create illustrations and animations at will, and make emoticons. In September last year, Google had already unveiled similar features, which also include live transcription of audio recordings.

Donald Sutherland died at the age of 88 on Thursday. He is considered one of the most versatile and gifted actors born in Canada. He is best known for his roles in «M*A*S*H,» «Klute,» «Ordinary People» and «The Hunger Games.» His career spanned from the 1960s to the 2020s as he charmed and enthralled audiences in his movies. His son actor Kiefer Sutherland confirmed his death. Donald Sutherland's first big break

The South Korean virtual asset deposit services company Delio announces to establish a new corporation to transfer debt as it faces embezzlement charges.

Russian President Vladimir Putin is in Vietnam to strengthen ties with its longtime partner in Southeast Asia at a time when Moscow is facing growing international isolation because of its military actions in Ukraine

North Korea reached by their leaders requires the countries to use all available means to provide immediate military assistance in the event of war, North Korean state media said. The North's official Korean Central News Agency on Thursday reported the language of the comprehensive strategic partnership agreement reached by its leader Kim Jong Un and Russian President Vladimir Putin in Pyongyang on Wednesday. The agency said Article 4 of the agreement states that if one of the countries gets invaded and is pushed into a state of war, the other must deploy «all means at its disposal without delay» to provide «military and other assistance.» The deal could mark the strongest connection between Moscow and Pyongyang since the end of the Cold War. Both Kim and Putin described it as a major upgrade of their relations, covering security, trade, investment, cultural and humanitarian ties.

Kim Jong Un is not healthy. According to 'The Hill', former CIA North Korea analyst Sue Mi Terry has said that the leader of the communist country does not look healthy in the video footage of him meeting Russian President Vladimir Putin. This revelation has come at a time when the supremer leader has signed a new treaty with Moscow and vowed to work closely together against international sanctions. What former CIA analyst has said

The deadly stockpiles of nuclear weapons built by Cold War adversaries Russia and the US gave the ‘MAD’ doctrine of ‘Mutually Assured Destruction’ a literal ring. With thousands of nukes each, both had enough to destroy the planet many times over. Could today’s geopolitical divide between a China-led bloc and the US-led West imperil the world with another arms race being pushed beyond the limits of reason by its force of rivalry? According to the latest report by Stockholm International Peace Research Institute (SIPRI), a think-tank, all nine nuclear-armed countries—the US, Russia, UK, France, China, India, Pakistan, North Korea and Israel—modernized their arsenals in 2023, while some deployed new weapon systems.

South Korean officials issued return-to-work orders for doctors participating in a one-day walkout as part of a protracted strike against a government plan to sharply boost medical school admissions

The Financial Supervisory Service (FSS) of Korea has addressed concerns about the rumored mass altcoin delistings , clarifying its limited involvement.

Russian President Vladimir Putin is thanking North Korea for supporting his actions in Ukraine and says the two countries would work together to overcome U.S.-led sanctions

Rome Giorgia Meloni was the winner of last week’s Group of Seven meeting. Whether giving French President Emmanuel Macron the stink eye or stitching up a deal to increase Italy’s clout in the European Union, the Italian prime minister had a good summit. Once stigmatized as a neofascist from the fringes of Europe’s hard right, Ms.

Blass, who shared details on social media platform X, official promotional material for the event was leaked. Although the original post was taken down due to copyright issues, a report by Tech Radar highlighted that the leaked image revealed the event's confirmed date and time.

nuclear-armed nations including the US, Russia, France, China, India and Pakistan, continued to modernise their nuclear arsenals and several of them deployed new nuclear-capable weapon systems in 2023, a Swedish think-tank said on Monday. In its analysis, the Stockholm International Peace Research Institute (SIPRI) said China's nuclear arsenal increased from 410 warheads in January 2023 to 500 in January 2024, and it is expected to keep growing. The report said some 2,100 of the deployed warheads were kept in a state of high operational alert on ballistic missiles, and nearly all of them belonged to Russia or the US. However, for the first time China is believed to have some warheads on high operational alert, it said.

Samsung’s next major Unpacked event is all but confirmed for July 10. At the event, which will tentatively be hosted in Paris, Samsung is widely expected to take the wraps off the Galaxy Z Fold 6, Galaxy Z Flip 6, few smartwatches and earphones possibly, while also announcing the full details of its maiden Galaxy Ring. 

NATO is in talks to deploy more nuclear weapons, taking them out of storage and placing them on standby, in the face of a growing threat from Russia and China, the head of the alliance said on Monday. Jens Stoltenberg told Britain's Telegraph newspaper that there were live consultations between members to use transparency around its nuclear arsenal as a deterrent. «I won't go into operational details about how many nuclear warheads should be operational and which should be stored, but we need to consult on these issues. That's exactly what we're doing,» he told the paper.