North Korea says its ballistic missile test simulated strikes against South Korean ports and airfields used by the U.S. military. » Read More
The president said Thursday that the U.S. would work to reduce tensions with North Korea, but he warned that Washington would take "all necessary steps" to protect itself and its allies.
There could be a "cooling down" of North Korean missile threats, reports CNBC's Chery Kang.
Michal Meidan, senior analyst at Eurasia Group, tells CNBC that while North Korea could fire a ballistic missile the provocation is unlikely to go much further than that.
James Rooney, Chairman & CEO of Market Force, Seoul says markets are discounting the North Korean threat. He also discusses the Bank of Korea's surprise decision to hold rates at 2.75%.
John Everard, former U.K. ambassador to North Korea, says Kim Jong-Un wants the U.S. to acknowledge his nuclear power, but adds that China's reaction to the missile launch is the one to watch.
U.S. and South Korean officials are warning North Korea could carry out a missile test at any point, reports CNBC's Chery Kang.
Jake Stratton, director of Control Risks, discusses the situation on the Korean peninsula and says that North Korea is conforming to its usual pattern of threat but that a war is an "unlikely scenario".
Jim Maceda, NBC's correspondent, discusses the potential North Korean missile launch and the steps neighbouring countries and the U.S. have taken to protect their territories.
South Korea said there was "very high" probability that North Korea, engaged in weeks of threats of war, would launch a medium-range missile at any time as a show of strength despite diplomatic efforts to soften its position.
Andrei Lankov, Associate Professor at Kookmin University, and author of 'The Real North Korea' says he expects some missiles to fly from North Korea and more talks of a nuclear war.
Lawrence Freedman, Professor of War Studies and Vice-Principal at King's College London says North Korea's attitude right now is nothing serious, but more like a tantrum.
North Korea warned all foreigners to leave South Korea, saying they are at risk in the event of a conflict. Frank Gaffney, Center For Security Policy; Jimmy Williams, Democratic strategist; and Vin Weber, Former Mitt Romney senior advisor, discuss.
Tim Condon, Head of Research, Asia at ING Financial Markets says North Asia is facing stiff headwinds. He thinks developed market assets will be the trading theme for 2013 due to aggressive easing by the Fed and the BOJ.
Jasper Kim, founder and CEO of Asia-Pacific Global Research Group, discusses the situation in the Korean peninsula and says that a "small miscalculation" could start the conflict.
North Korea has taken 51,000 workers out of a factory complex that is jointly run with South Korea, and JC Penney's CEO Ron Johnson is stepping down, reports CNBC's Josh Lipton. Discussing gun control, with the "Kudlow Report" crew.
Kim Jong-un is bending to no one. John Bussey, WSJ, and Peter Navarro, University of California professor, discuss.
Marc Faber, Gloom Boom & Doom Report editor, reveals his bleak outlook on the markets this summer; and explains why events like Cyprus are likely to happen in more countries.
Colin Chapman, Vice President, Asia Pacific at STRATFOR says that Kim Jong Un's current threats to the South and the U.S. are only because he is trying to keep his regime alive.
As the rhetoric from North Korea flares up, NBC's Jim Maceda has the latest update.
Chinese leaders didn't directly name North Korea but everyone knew who they meant when the warned against "troublemaking on China's doorstep."