Army General Ri Yong-gil was reportedly accused of corruption charge, USA Today reports.» Read More
Adrian Foster, Head of Financial Markets Research, Asia Pacific at Rabobank, says the impact of the North Korean rocket launch on the Korean won is likely to be limited, with markets looking ahead to the central bank meeting this week.
Alain Bokobza, Head of Global Asset Allocation, Societe Generale says that North Korea's rocket launch will not affect markets greatly. He explains why.
North Korea has extended the window for a widely condemned long-range rocket launch by a week after discovering a "technical deficiency", the isolated state's news agency said on Monday.
Michael Raska, Research Fellow, Institute of Defence & Strategic Studies, NTU, explains what may be delaying North Korea's rocket launch. He adds that the threat of possible sanctions may have also spooked Pyongyang.
Sean King, Senior Vice President, Park Strategies discusses North Korea's nuclear program and its impact on South Korean elections on Dec 19.
North Korea said it would carry out its second rocket launch of 2012 as its youthful leader Kim Jong-un flexes his muscles a year after his father's death, in a move that South Korea and the United States swiftly condemned as a provocation.
Read ahead to see the most expensive U.S. military programs currently under way.
Seoul believes North Korea is preparing to launch a ballistic missile, posing a possible new threat to stability on the peninsula ahead of South Korea’s presidential election in December. The FT reports.
HSBC profit hit by $800 mln charge for U.S. fine. LONDON- HSBC sets aside $1.5 billion to cover potential U.S. fines for lax anti-money laundering controls and the final bill could be significantly higher. ( HSBC/, expect by 1000 GMT/ 5 AM ET, by Steve Slater and Matt Scuffham, 400 words).
Next year’s most interesting hotel opening is not a six-star palatial Dubai building, or an over-the-top Las Vegas accommodation that would make Versailles look understated.
ST. PAUL, Minn.-- An election-eve terrorist strike. Democratic President Barack Obama and Republican rival Mitt Romney are on guard for anything that could push the presidential race from its taut course. They've got a plan and they are now going to execute it, "said Carter Eskew, a top strategist for Democrat Al Gore during a 2000 campaign that came up just short."
Shintaro Ishihara, who recently played a key role in reviving a bitter territorial dispute with China, told a packed news conference that he wants to fix the nation's fiscal and political problems.
A radical new design of Microsoft’s flagship operating system is likely to cause some head-scratching when Windows 8 goes on sale this Friday. The New York Times reports.
BEIJING-- In the simplistic narrative of U.S. presidential politics, China is a Hollywood villain, a monetary cheat that is stealing American jobs.
Kim Jong-un took the reins of his poor nation 10 month ago and some aid groups say its capital has acquired more of the trappings of a functioning society, but people from this border city claim otherwise, The New York Times reports.
NEW YORK-- The Coca-Cola Co. should give investors a snapshot of the ever-shifting geographic and product mixes that are fueling growth for the world's biggest beverage maker when it reports its third quarter results Tuesday. WHY IT MATTERS: Coca-Cola sells its products in nearly every corner of the globe _ Cuba and North Korea are the exceptions.
WASHINGTON-- Republican presidential contender Mitt Romney is promising to get tough on China to help American workers, but his plans could backfire. Romney is pledging, on his first day in office, to designate China a currency manipulator, a step no administration has taken against any country for 18 years.
SEOUL, Oct 10- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets. *Global equities and the euro fell on Tuesday on concerns over the U.S. earnings outlook and a stark warning from the IMF about global growth, while oil jumped on escalating tensions in the Middle East.
SEOUL, Oct 9- 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.
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.