North Korea Financial News

North Korea’s state-sponsored hacking collective Lazarus group is reportedly targeting LinkedIn users in the digital asset industry as part of its latest crypto hacking malware attempt, blockchain security firm SlowMist alleged on April 24.

defence spending is concerning given its economy is «failing», the head of the U.S. Indo-Pacific Command said on Tuesday. Speaking to reporters in Tokyo, Admiral John Aquilino said China's economy had been battered by turmoil in its real estate sector and asserted that its official growth rates were «not real». He also said China was spending «drastically more» on its military than the 7.2% increase it declared last month.

JSW Neo Energy, Reliance Industries, Lucas TVS, ACME Cleantech, Amara Raja, Anvi Power, and Waaree Energies have participated in auction of production linked incentives (PLI) for setting up new age battery manufacturing capacity in the country. An official statement said the companies have bid for setting up a cumulative capacity of 70 Giga Watt hours (GWh) while of sops are available only for 10 GWh. Technical bids for Rs 3,620 crore of PLI were opened on Tuesday. Bids have been received from these seven bidders under a global tender for the re-bidding of PLI for 10 GWh Advanced Chemistry Cell (ACC). The centre had approved a technology agnostic PLI Scheme under the National Programme on Advanced Chemistry Cell (ACC) Battery Storage in May 2021. The goal was to achieve manufacturing capacity of 50 GWh of ACC with a PLI outlay of Rs 18,100 crore.

helicopters crashed overnight at sea, officials said on April 21. A spokesperson for Japan's Self-Defense Force (SDF) confirmed the incident to AFP, adding that one person has been rescued. Giving details, Japan's Defence Minister Minoru Kihara told reporters that rescuers located what they believe to be parts of the aircraft in the sea.

PlayStation 5, Nintendo Switch, Xbox X/S and PC are offering a number of new video games to play this upcoming week. Gamers will have more enjoyable time. Sony’s «Stellar Blade» takes place on an Earth that’s been mostly abandoned after an invasion by hordes of mysterious monsters called the Naytiba. Enter Eve, a sword- and gun-wielding warrior who has returned to her home planet to help out the few people left, including a scavenger named Adam. The Biblical references pile up — for example, the last city standing is Xion — but the real influence is the popular hack-and-slash epic Bayonetta. If you’ve been craving another flamboyant adventure with a beautiful woman battling hideous beasts, Korean studio Shift Up hopes it’s got you covered, as per an AP report.

courses (PG courses). The registration for admissions into the PG courses will remain open till May 25. The second phase of admission will begin in mid-May, the university will start the admissions for undergraduate (UG) courses after the CUET-UG examinations are over.

Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China on Beijing’s orders

North Korean state media said the country's missile administration on Friday conducted a “power test" for the warhead designed for the Hwasal-1 Ra-3 strategic cruise missile and a test-launch of the Pyoljji-1-2 anti-aircraft missile. It said the tests attained an unspecified “certain goal." ALSO READ: North Korea scraps economic cooperation with South Korea amidst sharp deterioration in ties Photos released by the North's official Korean Central News Agency showed at least two missiles being fired off launcher trucks at a runway.

North Korea said Saturday it tested a «super-large» cruise missile warhead and a new anti-aircraft missile in a western coastal area as it expands military capabilities in the face of deepening tensions with the United States and South Korea.

anthrax and small pox. The US officials' warning was reported by UK-based The Times in an article titled "Adherence to and Compliance with Arms Control, Nonproliferation and Disarmament Agreements and Commitments". North Korea have remained a coenobite when it comes to foreign reporting.

Former Ethereum developer Virgil Griffith, who was sentenced to 63 months in prison in 2022 for assisting North Korea in utilizing blockchain technology, has filed a request for a sentence reduction. 

rupee logged a record closing low against the dollar on Thursday, but ended little changed as it was caught between equity outflows and a recovery in regional peers. The rupee ended at 83.5375, its weakest close on record, compared with its previous close of 83.5350.

Upbit, one of South Korea’s largest cryptocurrency exchanges, has temporarily suspended deposits and withdrawals exceeding 1 million Korean won ($721).

India unit of Korean electronics maker Samsung wants to notch up Rs 10,000 crore in sales from the television business in calendar 2024, while expanding the production and local value addition of the product in the country, said Mohandeep Singh, senior vice president (visual display business) at Samsung India. At present, Samsung locally produces 90% of televisions it sells in India. Talking to ET on the sidelines of the company’s launch of new AI televisions on Wednesday, Singh said the company has embarked on an ambitious plan to become the first television manufacturer to clock Rs 10,000 crore revenue milestone in India.

Railgun has publicly denied any connection with the sanctioned North Korea‘s Lazarus Group using its platform for illicit activities.

The South Korean won has emerged as the leading fiat currency for cryptocurrency trading, overtaking the US dollar in the first quarter of 2024. 

Defence Secretary Lloyd Austin and and his Chinese counterpart Dong Jun held talks in nearly 18 months and discussed US-China defence relations and regional and global security issues, the Pentagon said. In the meeting held via videoconference on Tuesday, Austin stressed the importance of keeping military-to-military communication lines between the US and China open, it said. It is the first time since November 2022 that Austin has held talks with his Chinese counterpart when he spoke with the then defence minister of China Wei Fenghe in Cambodia. Dong was appointed China's Defence minister in December. China then named General Li Shangfu as its defence minister.

German Chancellor Olaf Scholz has called for fair competition in trade relations with China while warning about dumping and overproduction while speaking to students in Shanghai on Monday

Most young South Koreans are losing faith in the national pension system, a new survey has found – with many stating they see crypto and stocks as a better alternative.