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North Korea

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  • SEOUL, Oct 9- Isolated North Korea has rockets that can hit the U.S. mainland, it said on Tuesday, two days after South Korea struck a deal with the United States to extend the range of its ballistic missiles.

  • *Long-sought agreement to be announced Sunday in Seoul. WASHINGTON, Oct 5- The United States and South Korea are set to announce this weekend a joint response to the perceived threat from North Korea's growing ballistic missile force, according to a State Department notice to U.S. lawmakers on Friday.

  • SKorean torture film raises ghost of military past Friday, 5 Oct 2012 | 10:21 AM ET

    BUSAN, South Korea-- A film based on the memoir of a democracy activist who was tortured in the 1980 s by South Korea's military rulers is provoking discussion about the country's not-so-distant authoritarian past and the influence it will have on this year's presidential election.

  • BEIJING, Oct 3- China quietly deferred a request by North Korea for its young leader to visit last month because the Chinese leadership was preoccupied with its once-in-a-decade leadership change and a host of other distractions, two independent sources said.

  • North Korean Leader Has a New Title: Marshal Wednesday, 18 Jul 2012 | 10:26 AM ET
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    Soldiers danced in Pyongyang's plazas as North Korea announced Wednesday that leader Kim Jong Un was named marshal, a title cementing his status atop the authoritarian nation's military as he makes key changes to the 1.2 million-man force.

  • Farming Boost to North Korea’s Economy Monday, 9 Jul 2012 | 3:16 AM ET
    Farmer picking weeds

    Gillian Tett of the Financial Times says markets may be headed for another "summer curse" and she points to five reasons why.

  • Korean Buying Spree Boosts Brent Price Thursday, 7 Jun 2012 | 2:30 AM ET
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    The price of the world’s most important oil benchmark is being boosted by South Korean refiners buying on the back of a tax loophole involving North Sea oil, the Financial Times reports.

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    Chinese GDP disappoints and Singapore is tightening its purse strings - it's time for your Friday FX Fix.

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    North Korea is once again testing relations with the world, as it prepares to test-fire a long-range missile in the face of strong warnings from the United States.

  • Jack Welch on Stocks, Economy & Elections   Thursday, 12 Apr 2012 | 7:25 PM ET
    Jack Welch on Stocks, Economy & Elections

    "The economy has got some positives: it's got the market, it's got consumer confidence, and it's got central bankers throwing money around the world," says Jack Welch, former GE chairman & CEO, discussing stocks, the U.S. economy and the upcoming presidential election. Also, Larry Kudlow reports the UN Security Council has called an emergency session over a North Korean rocket launch.

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    In a move designed to shore up his standing, Kim Jong-un received the title of 'first secretary' ahead of the centennial of his grandfather's birth and an anticipated rocket launch, the Christian Science Monitor reports.

  • To Curb Or Not to Curb the Yen Wednesday, 11 Apr 2012 | 3:23 PM ET
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    Japanese officials talk about curbing the yen's rise, but whether it's just chatter - or whether it will work - is unclear.

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    North Korea rattles the won and Dublin has a billion-euro house - it's time for your FX Fix.

  • North Korea to Suspend Nukes   Wednesday, 29 Feb 2012 | 7:50 PM ET

    Kristen Welker, NBC News, reports North Korea surprised the world by announcing it will halt nuclear activities in exchange for food aid. Should the U.S. trust the moratorium deal? Retired Gen. Barry McCaffrey, U.S. Army, provides perspective.

  • North Korea's Moratorium Expected to Get Muted Response Wednesday, 29 Feb 2012 | 7:21 PM ET
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    North Korea's step towards a nuclear moratorium is a positive sign, but strategists say the market response may be relatively muted until its government follows up its pledge with real action. 

  • China's Leverage Over North Korea Waning   Monday, 9 Jan 2012 | 7:40 PM ET
    China's Leverage Over North Korea Waning

    Nicholas Consonery, China Analyst, Eurasia Group explains why he thinks China's influence over North Korea has been weakening in recent years.

  • Kim Jong il, the Sportsman Wednesday, 21 Dec 2011 | 11:17 PM ET
    This photo taken on September 24, 2010 shows the Ariang mass gymnastics featuring 100,000 performers to depict the development of North Korea and its origins under the leadership of Kim Il-Sung at May Day Stadium in Pyongyang to mark the 65th anniversary of the ruling Workers' Party of Korea.

    In the political world, Kim Jong il of North Korea was a despot and nuclear antagonist. In the sporting world, he might have been the only guy ever to wear platform shoes, a bouffant hairdo and “Dear Leader” embroidered on his bowling shirt.

  • Kim Jong Un

    While the Pentagon is always planning for contingencies, it was particularly prescient in its choice of war games the week before North Korean dictator Kim Jong-il's death, the Christian Science Monitor reports.

  • A sudden turn of events usually presents opportunities for traders, and on Monday North Korea’s Kim Jong-il died very suddenly.

  • BK Looks to Short South Korea   Monday, 19 Dec 2011 | 12:30 PM ET
    BK Looks to Short South Korea

    Sharing perspective on how the death of North Korea's Kim Jong-Il will impact the markets, with Brian Kelly, Shelter Harbor Capital co-founder.