The U.N. Security Council (UNSC) will convene an open meeting this week to discuss North Korea’s recent launch of a military reconnaissance satellite that ended in failure, a Seoul official said Wednesday.
The official at South Korea’s Permanent Miss…
The capital adequacy ratio of South Korean banks slightly fell in the first quarter of the year from three months earlier, largely due to compensation for a derivatives-linked product sales fiasco, data showed Thursday.
The average capital ratio of 1…
North Korea fired an unspecified ballistic missile toward the East Sea on Thursday, the South Korean military said.
The Joint Chiefs of Staff did not provide further details as an analysis is currently underway.
The launch comes after North Korea’s …
North Korean cyber actors generated over US$720 million from virtual asset heists in 2022 to help bankroll Pyongyang’s weapons of mass destruction (WMD) and ballistic missile programs, the U.S. Treasury Department said in a report on Wednesday.
The d…
Prudent and nuanced approaches needed to address global affairs
One of the less commented-on aspects of the Russo-Ukrainian war is that the conflict also serves as a proxy struggle between the two Koreas.
North Korea’s military aid to Russia has bee…