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North Korea

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  • North Korea to Become the Next Iran: Citi Friday, 5 Apr 2013 | 4:05 AM ET
    North Korean soldiers.

    Tensions in North Korea have overtaken Iran as the major geopolitical risk of the year, according to a report from Citi Research, a division of Citigroup Global Markets.

  • *Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent steadied above $106 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week since December as bleak U.S. data and bulging inventories dimmed the outlook for demand.

  • *Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent crude rose 13 cents to $106.47 a barrel by 0436 GMT, off an earlier high of $106.65.

  • *F5 Networks plunges after weak outlook, weighs on peers. NEW YORK, April 5- U.S. stocks fell on Friday, setting the S&P 500 for its worst weekly performance of the year, in the wake of a payrolls report that was much weaker than expected, the latest in a series of data to indicate economic growth may be losing momentum.

  • *North Korea has warned of war with South "at any moment". SEOUL, April 5- South Korea's top finance officials warned on Friday that tensions with North Korea could have a prolonged impact on markets and vowed to ensure stability, as the standoff threatened to put an additional drag on Asia's fourth-largest economy.

  • *Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent rose 14 cents to $106.48 a barrel by 0236 GMT, off an earlier high of $106.65.

  • Won Drops to 7-Month Low, Socked by North Korea Thursday, 4 Apr 2013 | 10:36 PM ET

    The South Korean won dropped to a fresh 7-month low against the dollar early on Friday as investors remained wary of more bellicose rhetoric from North Korea and with inter-Korean tension escalating.

  • SEOUL, April 5- A senior South Korean official warned on Friday that the impact on markets from tension with North Korea could be prolonged and vowed to take swift and strong action to stabilise them if needed.

  • S.Korea sees lasting markets impact from N.Korea risk Thursday, 4 Apr 2013 | 7:28 PM ET

    SEOUL, April 5- A senior South Korean official warned on Friday that the impact on markets from tension with North Korea could be prolonged and vowed to take swift and strong action to stabilise them if needed.

  • North Korea Threat Escalates  Thursday, 4 Apr 2013 | 7:15 PM ET

    North Korea is moving a medium-range missile to a site on its east coast, with Marc Ginsberg, former White House Middle East policy advisor; Ed Rogers, BGR Group chairman; Howard Dean, CNBC contributor.

  • Reuters World News Highlights at 1700 GMT, Apr 04 Thursday, 4 Apr 2013 | 1:56 PM ET

    SEOUL/ WASHINGTON- The United States said it would soon send a missile defence system to Guam to defend it from North Korea, as the U.S. military adjusts to what Defense Secretary Chuck Hagel called a "real and clear danger" from Pyongyang.

  • What Can North Korea Really Do?  Thursday, 4 Apr 2013 | 1:05 PM ET

    The war of words is escalating into action since North Korea moved a missile to its east coast. Gen. Barry McCaffrey, U.S. Army (retired), weighs in.

  • LONDON, April 4- Gold was down slightly on Thursday after rallying from a 10- month low earlier in the day to above $1,550 an ounce when the European Central Bank commented on the weak economy and said it stood ready to cut rates, hitting the euro. "Gold is desperately trying to bounce, but it's failing quite miserably.

  • Market Shrugs Off Disappointing Economic Data  Thursday, 4 Apr 2013 | 10:04 AM ET

    Shawn Matthews, CEO of Cantor Fitzgerald, provides his global perspective on the markets, amid geopolitical tensions and ahead of Friday's jobs report.

  • UPDATE 5-Oil futures drop after weak U.S. jobs data Thursday, 4 Apr 2013 | 10:03 AM ET

    LONDON, April 4- Crude oil futures dropped on Thursday after an increase in U.S. unemployment heightened concerns over the economic growth of the world's top oil consumer. Initial claims for state unemployment benefits increased 28,000 to a seasonally adjusted 385,000, the highest since November, the Labor Department said on Thursday.

  • Reuters World News Highlights 1400 GMT, April 4 Thursday, 4 Apr 2013 | 10:01 AM ET

    SEOUL/ WASHINGTON- The United States said it would soon send a missile defence system to Guam to defend it from North Korea, as the U.S. military adjusts to what Defense Secretary Chuck Hagel called a "real and clear danger" from Pyongyang.

  • US institute: Work under way at NKorea reactor Thursday, 4 Apr 2013 | 8:59 AM ET

    WASHINGTON-- North Korea has already begun construction at a shuttered plutonium reactor that it is vowing to restart and it could be back in operation sooner than expected, a U.S. research institute said Wednesday.

  • NEW YORK, April 4- U.S. stock index futures pointed to slight gains at the open on Thursday as aggressive action by the Bank of Japan and supportive comments by U.S. officials indicated continued support for the market. U.S. shares of Toyota Motor rose 3.6 percent to $104.50.

  • *Defense shares may be in focus on North Korea uncertainty. NEW YORK, April 4- U.S. stock index futures rose on Thursday, signaling a rebound from the previous session's steep loss, as aggressive action by the Bank of Japan and supportive comments by U.S. officials indicated continued support for the market.

  • North Korea's Growing Threats and China  Thursday, 4 Apr 2013 | 8:02 AM ET

    Byron Wien, Blackstone Advisory Partners; and John Park, Harvard and MIT North Korea specialist, discuss U.S. reaction to North Korean threats; and the relationship between China and North Korea amid growing tensions in the area.