North Korea Financial News
16.09 / 02:43
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As Kim inspects Russia's military, Putin cultivates 'axis of the sanctioned'
North Korea's leader, Kim Jong Un, peeked his head into the cockpit of a fighter jet at a factory in the Russian Far East on Friday as he pressed ahead on a multiday tour of Russia that is enticing him at each stop with off-limits military technology. Although Russia's president, Vladimir Putin, hasn't promised Kim any of the weaponry and has vowed to abide by United Nations sanctions banning their transfer, the tour carried an implicit threat — an example of what analysts say is a growing danger posed by Putin's increasingly warm relationship with authoritarian leaders who can pose problems for the West. At the same time, according to U.S. officials, Putin is cultivating new sources of arms and munitions for his war against Ukraine. «I think it's really serious,» said Andrea Kendall-Taylor, a senior fellow at the Center for a New American Security, who previously led analyses of Russia by the U.S.
15.09 / 17:41
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Blockchain analysts suspect North Korea-linked hackers behind $70-million crypto theft
Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets used to store the exchange's crypto assets had been hacked. It said on Friday it estimates its losses at $70 million, which it said is a «small portion» of its total assets.
15.09 / 17:41
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Two Russians, one American rocket toward space station
Space Station on Friday amid raging tensions between Moscow and Washington over Ukraine. Roscosmos cosmonauts Oleg Kononenko and Nikolai Chub and NASA astronaut Loral O'Hara lifted off from the Baikonur cosmodrome in Kazakhstan aboard the Soyuz MS-24 spacecraft, which spewed a torrent of fire. The crew was expected to dock at the ISS three hours later.
15.09 / 07:03
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‘Barbie’ now available for rent on pay-per-view within weeks of theatrical release
₹45 crore when released in India this July. Viewership of international content on over-the-top (OTT) video streaming platforms in India has nearly doubled in 2022 as audiences took to original and dubbed versions of English, Turkish, Spanish and Korean shows and films. Viewers have become increasingly language-agnostic owing to the dubbing and subtitling of international shows popular for high-quality storytelling and production, said streaming services firms.
15.09 / 06:43
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Kim Jong Un stops to see a fighter jet factory as Russia and North Korea are warned off arms deals
North Korean leader Kim Jong Un stopped in a far eastern Russian city Friday to see a factory that builds the country's most advanced fighter jets on his extended trip that hints at his interest in sophisticated weaponry, as the U.S. and others warned Moscow and Pyongyang against making banned weapons transfer deals. Kim's visits to Russian weapons and technology sites and meetings with President Vladimir Putin have raised speculation he will supply ammunition to Russia for its war efforts in Ukraine in exchange for receiving advanced weapons or technology from Russia as the two nations deepen their ties while both are increasingly isolated and sanctioned in separate confrontations with the West. Russia's state news agency RIA Novosti published video showing Kim's armored train pulling into a station in the city of Komsomolsk-on-Amur and Kim's convoy sweeping out of the station shortly afterward.
15.09 / 02:49
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U.S. aims new sanctions at Russian military supply chains
sanctions packages related to the war in Ukraine, penalizing more than 150 companies and individuals that officials said were profiting from Russia's invasion and their proximity to the Kremlin and President Vladimir Putin. The sanctions are part of the U.S. effort «to target Russia's military supply chains and deprive Putin of the equipment, technology, and services he needs to wage his barbaric war on Ukraine,» Treasury Secretary Janet Yellen said in a statement. «Today's actions show our global reach in imposing severe costs on Putin's oligarchs,» she added. The Treasury Department's sanctions targeted nearly 100 Russian military-linked elites and individuals — including some in Turkey, Georgia, Finland and the United Arab Emirates — involved with Russia's industrial, financial and technology industries.
15.09 / 02:37
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North Korean crypto hacks down 80% but that could change overnight: Chainalysis
Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it isn’t necessarily a sign of progress.
15.09 / 02:23
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Kim Jong Un visits aeronautics factory in Russia's far east
Kim Jong Un visited an aeronautics factory Friday on his tour of Russia's far east following his summit with President Vladimir Putin. Two days after meeting Putin at a spaceport, amid speculation they would agree an arms deal, Kim's bullet-proof train arrived in Komsomolsk-on-Amur, Russian news agencies reported. Kim is in the city, an important Russian industrial centre, to visit an aviation firm producing military and civil equipment. The RIA Novosti news agency published footage of Kim's train arriving in the city, with the red carpet rolled out to greet him. He was met with flowers, music, a dance group and ceremonial loaves of bread, the Interfax agency said. Kim, who seldom leaves his country, held talks with Putin at the Vostochny cosmodrome on Wednesday. Putin said on television Wednesday that Kim «will visit factories where civilian and combat aviation equipment is produced» in Komsomolsk-on-Amur. His visit to Russia's far east comes as US officials and experts have said Moscow is interested in buying North Korean ammunition to use in the conflict in Ukraine — an arms deal that would defy global sanctions. Kim's visit will last a few more days, Kremlin spokesman Dmitry Peskov announced on Thursday, without giving further details.
14.09 / 20:03
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Putin, Kim gifted each other rifles, Putin to visit North Korea
Vladimir Putin and Kim Jung Un gifted each other rifles when they met in Far Eastern Russia, the Kremlin said on Thursday, confirming the isolated Russian leader will visit North Korea as Moscow woos another pariah state. The Russian president, who has sought to strengthen alliances with other hardline leaders ostracised by the West, met with Kim on Wednesday amid speculation they would agree on an arms deal. Russia is eager for ammunition to continue fighting in Ukraine, while North Korea wants Moscow's help to develop its missile programme. Putin «gave (Kim) a rifle from our production of the highest quality. In return, he also received a North Korean-made rifle,» Kremlin spokesman Dmitry Peskov said. Putin also gifted the North Korean leader a «glove from a space suit that has been to space several times.» Kim, who seldom leaves his country, held talks with Putin at the Vostochny cosmodrome.
14.09 / 15:23
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North Korean security disinfected Kim Jong Un's chair before meet with Vladimir Putin | Video
The protective services detail with North Korean leader Kim Jong Un spent several minutes disinfecting the chair that Kim sat during a summit with Russian President Vladimir Putin, the Kommersant newspaper reported Thursday. A video footage published by the newspaper showed a North Korean security official in white gloves wiping down Kim's black chair and spraying around an unidentified substance.
14.09 / 15:13
Legal
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Deutsche Bank
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Delio
Today in Crypto: Deutsche Bank Partners With Taurus to Provide Crypto Custody for Institutional Clients, BTC Lender Delio May Sue S.Korean Regulator, EY is Developing AI-Powered Platform
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
14.09 / 14:15
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India, Russia explore new maritime corridors to unlock trade potential
Maritime Corridor (EMC) between Vladivostok and Chennai. Both the nations also agreed on training for seafarers in polar and Arctic waters at Russian Maritime Training Institute in Vladivostok.
14.09 / 07:29
UPS
Provident
Russia tells the United States: don't lecture us over ties with North Korea
Russia on Thursday said the United States was hypocritical to criticise President Vladimir Putin's summit with North Korean leader Kim Jong Un because Washington had sown chaos and sent weapons to allies across the world. «The United States has no right to lecture us on how to live,» Russia's ambassador to the United States, Anatoly Antonov, said in a statement. For the United States and allies, the burgeoning friendship between Kim and Putin is a concern: Washington has accused North Korea of providing arms to Russia, but it is unclear whether any deliveries have been made. The United States, Antonov said, had built up a coalition in Asia, expanded military drills near the Korean peninsula and was supplying billions of dollars of weapons to Ukraine. «It is time for Washington to throw its economic sanctions into the rubbish dump,» Antonov said.
14.09 / 04:55
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North Korea set to end years-long sporting isolation at Asian Games
North Korea has 191 athletes signed up for the Asian Games starting next week, according to organisers, suggesting the country is poised to end its more than three-year isolation from the global sporting arena. North Koreans are listed on the Games' website for accredited media to compete in the Chinese city of Hangzhou in sports including athletics, gymnastics, basketball, football, boxing and weightlifting. North Koreans were similarly down to compete at a weightlifting tournament in Cuba in June, but they failed to show. North Korea closed its already tight borders in early 2020 following the outbreak of the pandemic and skipped the Tokyo Olympics, which were pushed back to 2021 because of Covid. It was then banned by the International Olympic Committee from the 2022 Beijing Winter Olympics for failing to take part in Tokyo. There have been recent signs that the border restrictions have been eased slightly, with a taekwondo team allowed to travel to a competition last month in Kazakhstan. Prior to that, North Korea had not sent any of its domestic athletes to overseas competitions since the pandemic. The sporting action at the Games in Hangzhou starts on September 19, four days before the opening ceremony, with North Korea scheduled to face Taiwan in men's football that day. Leader Kim Jong Un is said to be an avid sports fan and Games hosts China are North Korea's longtime ally and main economic benefactor. North Korea has traditionally been especially strong in weightlifting, dominating the event at the Jakarta Asian Games in 2018 with eight golds. Ri Song Gum and Rim Un Sim, who both won gold in the women's weightlifting five years ago, are scheduled to appear in Hangzhou. But North Korea has also been among the
14.09 / 03:49
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Sensex Today | Share Market Live Updates: Sensex, Nifty at record high at open; Tata Steel jumps
Read More)The Biden administration has warned of more sanctions on Russia and North Korea in light of Kim Jong Un's meeting with President Vladimir Putin in Moscow. This meeting has raised fears about a potential arms agreement between the two nations, which has been the topic of much discussion for some time.
14.09 / 03:49
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Updates
Kim Jong Un-Vladimir Putin meeting over; Key updates what two leaders discussed
Also read: Kim Jong Un extends ‘full support’ to Vladimir Putin's ‘just fight’ in Ukraine Kim left Pyongyang for Russia on Sunday on board his train. Kim does not travel abroad frequently, making just seven trips away from his country and twice stepping across the inter-Korean border in his 12 years in power.
14.09 / 03:49
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‘Won’t hesitate to impose…’ US warns of possible sanctions on Russia, North Korea over arms deal
ANI. In the briefing, Miller also added that there is a "possibility" of weapons flowing two ways between Russia and North Korea, as he underlined how war unleashed by Russia President Vladimir Putin on Ukraine resulted in the loss of billions of dollars as well as thousands of Russian soldiers.
14.09 / 02:51
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"Won't hesitate to impose additional..:" US warns Russia, N Korea of more sanctions over arms deal
Russia and North Korea as Kim Jong Un arrived in Moscow to meet President Vladimir Putin recently, giving rise to the concerns of a possible arms deal between the two countries, which has remained the talk of the town for quite sometime now. In a press briefing on Wednesday, the official spokesperson of the US Department of State, Matthew Miller said, «And then I want to speak specifically for a second about the idea of North Korea providing weapons to Russia, which I spoke to the other day but I don't think you were here. One, just the overall context, and one thing it's important to restate again, that a year and a half ago Vladimir Putin launched this war thinking he was going to restore the glory of the Russian empire, failed in all of his maximalist, imperialist aims, and now a year and a half later, after losing tens of thousands of Russian soldiers and spending billions and billions of dollars, here he is begging Kim Jong-un for help.» «So it says something about the overall context of how this war is going for Russia.
13.09 / 20:07
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US will impose sanctions on Russia, North Korea for any new arms deals: State Dept
Biden administration «won't hesitate» to impose more sanctions on Russia and North Korea if they conclude any new arms deals, the U.S. State Department said on Wednesday. State Department spokesperson Matthew Miller issued the warning at a briefing in response to questions about the meeting in Russia between Russian President Vladimir Putin and North Korean leader Kim Jong Un. «We have taken a number of actions already to sanction entities that brokered arms sales between North Korea and Russia and we won't hesitate to impose additional actions if appropriate,» Miller said. It was troubling that Russia and North Korea are discussing increased cooperation that could violate U.N.
13.09 / 18:37
13.09 / 12:49
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Kim Jong Un says Russia will win 'great victory' over enemies
Kim Jong Un said Wednesday he was confident Moscow would win a «great victory» over its enemies, during a high-profile banquet with Russian President Vladimir Putin. Putin held talks with the reclusive leader in Russia's Vostochny cosmodrome in the Far East, as Moscow grows increasingly isolated from the West over its offensive in Ukraine. «We are confident that the Russian army and people will win a great victory in the just fight to punish evil groups who pursue hegemony, expansion, and ambition, and to create a stable development environment,» Kim said. «I firmly believe that the heroic Russian army and people will brilliantly inherit the tradition of victory, and vigorously display their noble dignity and honour on the two frontiers of military operations and building a strong nation,» he told Putin. Russian news agencies reported that during his remarks Kim specifically referred to Russia's "special military operation" — a term Moscow uses for its offensive in Ukraine. US officials and experts have warned Russia is interested in buying North Korean ammunition to use in its assault on Ukraine — an arms deal that would defy global sanctions on Moscow.
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