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Asia-Pacific News Korea

  • Asian investors continued to monitor the situation on the Korean peninsula, after North Korea fired a ballistic missile into waters off its east coast on Sunday, its second missile test in a week. South Korea said the launch dashed hopes for Seoul's new liberal government's aim for peace between the neighbours. Against its perceived safe-haven Japanese...

  • North Korean leader Kim Jong Un reacts with members of the Korean People's Army in this undated photo released by North Korea's Korean Central News Agency (KCNA) on May 15, 2017.

    North Korea says its latest missile test has confirmed the reliability of late-stage guidance to deliver a potential nuclear warhead.

  • North Korea fired a ballistic missile on Sunday, South Korea and Japan said, a week after an intermediate-range missile test.

  • *Moon yet to spell out reform agenda. * "Chaebol sniper" named head of regulatory agency. SEOUL, May 21- A South Korean retail giant has shelved controversial expansion plans, while a large bank made hundreds of contract jobs permanent after President Moon Jae- in took office vowing to reform the family-run conglomerates that dominate the economy.

  • *Hyundai says it will cooperate sincerely with probe. On Saturday, a Hyundai spokesman in Seoul said the company "has conducted recalls in compliance with U.S. regulations and procedure" and will "sincerely" cooperate with the probe. Kim Gwang- ho, then an engineer at Hyundai, flew to Washington in August 2016 to tell NHTSA the company was not taking enough action to...

  • SEOUL/ WASHINGTON, May 20- U.S. safety regulators have opened a formal investigation into the recall of nearly 1.7 million Hyundai Motor Co and affiliate Kia Motor Corp U.S. vehicles for engine problems, according to filings. Acting after a Korean whistleblower reported concerns to the U.S. auto safety agency last year, the U.S. National Highway Traffic Safety...

  • UNITED NATIONS, May 19- North Korea's deputy United Nations envoy said on Friday "it is ridiculous" to link Pyongyang with the WannaCry "ransomware" cyber attack that started to sweep around the globe a week ago or the hacking of a U.N. expert monitoring sanctions violations. Ambassador Kim In Ryong told a news conference when asked if Pyongyang was involved in the...

  • A North Korean military drill marking the 85th anniversary of the establishment of the Korean People's Army (KPA) is seen in this handout photo made available April 26, 2017.

    "We are going to continue to work the issue," Mattis told a Pentagon news conference.

  • UNITED NATIONS, May 19- North Korea's deputy U.N. envoy said on Friday "it is ridiculous" to link Pyongyang with the WannaCry "ransomware" cyber attack that started to sweep around the globe a week ago and has infected more than 300,000 computers in 150 nations. North Korea is also known as the Democratic People's Republic of Korea. Symantec and Kaspersky Lab said on...

  • UNITED NATIONS, May 19- North Korea's deputy U.N. ambassador said on Friday that linking Pyongyang with the global WannaCry "ransomware" cyber attack is "ridiculous." "Relating to the cyber attack, linking to the DPRK it is ridiculous," North Korea's Deputy U.N. Kim In Ryong told a news conference.

  • ENVOY SAYS LINKING PYONGYANG TO GLOBAL CYBER ATTACK IS "RIDICULOUS".

  • Bitcoin's price hit another all-time high

    Bitcoin hits $1,900 to reach record high with market cap up $4 billion this week alone.

  • *Broadcom working with Silver Lake, Bain with SK Hynix- sources. TOKYO, May 19- Suitors including private equity firms KKR& Co LP, Bain Capital and U.S. chip maker Broadcom Ltd are lining up for Toshiba Corp's semiconductor business, sources familiar with matter said ahead of a deadline for second-round offers on Friday. Broadcom, which has teamed up with private...

  • But one thing is a lot less clear: whether North Korea had anything to do with it. Despite bits and pieces of evidence that suggest a possible North Korea link, experts warn there is nothing conclusive yet— and a lot of reasons to be dubious. Within days of the attack, respected cybersecurity firms Symantec and Kaspersky Labs hinted at a North Korea link.

  • TOKYO, May 19- U.S. buyout firm Bain Capital LP plans to bid around 1.5 trillion yen for a majority stake in Toshiba Corp's chip business, people with knowledge of the matter said. The bid will be made in partnership with South Korea's SK Hynix Inc but the chip maker will not take a leading role due to anti-trust concerns, the people said, declining to be identified as...

  • SEOUL, April 12- No matter who is elected as South Korea's new leader next month it is clear that coal and nuclear power generation will likely be scaled back, with most of the candidates laying out plans on Wednesday to address public concerns over pollution and safety. The two leading candidates, liberal front-runner Moon Jae- In and centrist Ahn Cheol- soo, both...

  • SEOUL, South Korea— South Korea's new president named a long-time shareholder rights advocate to lead the country's antitrust regulator, as the new administration took a step Wednesday toward reining in big businesses. Kim Sang- jo, an economist who has advocated for shareholder rights and reforming chaebol, the family-controlled big businesses that...

  • President Donald Trump sought an end to an FBI probe into his former security adviser. *Spot gold had climbed 0.5 percent to $1,242.92 per ounce by 0059 GMT, after earlier touching its strongest since May 3 at $1,244.70. *Trump asked then-FBI Director James Comey to end the agency's investigation into ties between former White House national security adviser...

  • *Attacks slow to a trickle, some seen in Canada. *Researchers probe links to North Korea. WASHINGTON, May 16- Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry "ransomware" attack warned it would release more malicious code.

  • Two law enforcement officials say U.S. investigators suspect North Korea may be behind the global "ransomware" attack. The officials spoke to The Associated Press on condition of anonymity because they aren't authorized to speak publicly about an ongoing investigation. Code used in the "WannaCry" attack is similar to that used in prior attacks linked to North...