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☆ Kim Jong Un tested a new rocket that could hit Seoul — and may aid Russia against Ukraine
▼ + stars: | 2024-04-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Kim Jong Un oversaw tests for a rocket capable of hitting Seoul in South Korea, Bloomberg reported. Russia and North Korea have previously denied reports of an arms deal between the two nations. North Korean leader Kim Jong Un and Russian President Vladimir Putin in Vladivostok on April 25, 2019. Russia and North Korea have previously denied an arms deal exists between the two countries. Business Insider reported in October that North Korea was on track to become "one of Russia's most significant foreign arms suppliers."

Persons: Kim Jong Un, —, Yang, Vladimir Putin, Alexander Zemlianichenko, Simon Miles, Miles, Kelly Grieco, it's Organizations: Bloomberg, Service, Ukraine, Korean People's Army, Korean Central News Agency, Asan Institute, Policy Studies, NK News, North Korean, Duke University's Sanford School of Public, Kremlin, Soviet Union, AP News, Business, pushback, US, Stimson Center Locations: Seoul, South Korea, Russia, Ukraine, North Korea, Korea, Russian, Vladivostok, Soviet

A Palestinian man inspecting damage on Saturday after Israeli settlers attacked the village of Al Mughayir, in the Israeli-occupied West Bank. The Israeli military announced on Saturday that it would bolster its forces in the West Bank with additional companies and police. Israeli settlers, some of them armed, entered the villages, the official added, and there were reports that they had opened fire. At one point, “rocks were hurled” at Israeli soldiers, leading them to open fire in response, the Israeli military said. Last February, an attack by Israeli settlers devastated the Palestinian town of Huwara in the northern West Bank.

Persons: Al Mughayir, Binyamin Achimair, Yesh Din, Abu Aliya —, Amin Abu Aliya, Binyamin’s, Naser Dawabsheh, “, ”, Na’asan Na’asan, Shaul Golan, Golan, Biden, Binyamin, Abu Aliya, Benjamin Netanyahu, Israel, Yair Lapid, ” Mr, Na’asan Organizations: West Bank ., West Bank, United Nations, Duma Locations: Al, Palestinian, Ramallah, torching, East Jerusalem, Gaza, Al Mughayir, “, Israel, Huwara, West Bank

☆ Middle East Crisis Israeli Teen Whose Disappearance Led to Riot Is Found Dead in West Bank
▼ + stars: | 2024-04-13 | by ( Aaron Boxerman | ) www.nytimes.com time to read: +5 min

Image A Palestinian man inspecting damage on Saturday after Israeli settlers attacked the village of Al Mughayir, in the Israeli-occupied West Bank. Credit... Mohamad Torokman/ReutersAn Israeli teenager whose disappearance had led to riots by Israeli settlers in the West Bank was found dead on Saturday, the Israeli authorities said, threatening to further inflame tensions in the Israeli-occupied territory. Israeli settlers, some of them armed, entered the villages, the official added, and there were reports that they had opened fire. The Israeli police and soldiers had also removed Israeli settlers who had entered Al Mughayir, the military said. Last February, an attack by Israeli settlers devastated the Palestinian town of Huwara in the northern West Bank.

Persons: Al Mughayir, Mohamad Torokman, Binyamin Achimair, Yesh Din, Abu Aliya —, Amin Abu Aliya, Binyamin’s, “, ”, Na’asan Na’asan, Biden, Binyamin, Abu Aliya, Benjamin Netanyahu, Israel, Yair Lapid, Na’asan Organizations: West Bank . Credit, Reuters, West Bank, United Nations, Duma Locations: Al, Palestinian, Ramallah, torching, East Jerusalem, Gaza, Al Mughayir, Israel, Huwara, West Bank

☆ Morgan Stanley's guide to investing in AI as use of the technology spreads
▼ + stars: | 2024-03-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Morgan Stanley is offering up alternative ways to play artificial intelligence beyond the usual tech "enablers" that have come to dominate investor attention. A report issued Tuesday entitled "15 Ways to Play AI" anticipates a "broadening out of the AI theme over the remainder of 2024 and into 2025" and notable AI adoption in areas such as gaming, education and biotechnology. The study, an outgrowth of Morgan Stanley's technology, media and telecom investment conference last week, highlights "the Tech Diffusion theme from all angles and all geographies." Against this backdrop, here are some of Morgan Stanley's top picks as AI broadens out: Several popular technology stocks made the list alongside AI mainstays such as Nvidia , Microsoft and Alphabet . Morgan Stanley included workplace management software company Asana on two of its AI lists, one of companies that are likely to get a productivity boost from AI, and another that highlighted "Global Adopters" of AI.

Persons: Morgan Stanley, Morgan, Edward Stanley, —, Stanley, Morgan Stanley's, Oracle, Asana, Baker Hughes, Prologis, AbbVie Organizations: Microsoft, Meta, Edge, Companies, Nvidia, Apple, Baidu, Palantir Technologies Locations: London, Europe, ASAN

☆ 4 economic reports the market cares about most next week, including a fresh look at inflation
▼ + stars: | 2024-03-09 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Within the Club, we heard this week from Foot Locker on Wednesday, then from Costco and Broadcom on Thursday. The big economic data drop of the week arrived Friday with February's nonfarm payrolls report . The center of attention is Tuesday's February consumer price index report . On Thursday, the February produce price index is due out. ET: Producer Price Index 8:30 a.m.

Persons: FactSet, Locker, Foot Locker, February's nonfarm, Jerome Powell, he's, we'll, MANU, LEN, Jim Cramer's, Jim Cramer, Jim, Mostafa Bassim Organizations: Nasdaq, Dow Jones Industrial, Costco, Broadcom, Commerce, Federal, PPI, Ballard Power Systems, Fortrea Holdings, Casey's, Vail Resorts, MTN, Daniels, Midland, Kohl's Corporation, Kanzhun, Game Technology, Manchester United, Blade Air Mobility, Clover Health, Beauty Health, Energy Vault Holdings, PHX Minerals, Guild Holdings, Finance, Heron Therapeutics, ZIM Integrated Shipping Services, Arcos Dorados Holdings, ARCO, Petco, Wellness Company, Farms, Sonoma, WSM, ESS Tech, DICK'S Sporting, Inc, Futu Holdings, Bear, Autolus Therapeutics, III Apparel, Solo Brands, Weibo Corporation, Embraer, CNBC, Washington DC, Anadolu, Getty Locations: U.S, Asana, ASAN, Williams, Washington, United States

☆ Here are Monday's biggest analyst calls: Nvidia, Alphabet, Salesforce, Arm, CVS, BJ's, Super Micro & more
▼ + stars: | 2024-02-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley reiterates Target at overweight Morgan Stanley stood by its overweight rating on the department store owner. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said it likes the setup heading into earnings later this week. Morgan Stanley upgrades HashiCorp to overweight from equal weight Morgan Stanley said the software company has a compelling valuation. Morgan Stanley upgrades AvalonBay to overweight from equal weight Morgan Stanley said apartment REIT stocks like AvalonBay are '"cheap for a reason." Morgan Stanley upgrades Sun Country to overweight from equal weight Morgan Stanley said it likes the airline's business model.

Persons: Goldman Sachs, Goldman, Morgan Stanley, Salesforce, Rosenblatt, Jefferies, Amer, Wells, Jane Fraser, Roth MKM, Roth, TD Cowen, TD, DA Davidson, OW, Fannie Mae, KBW, Freddie, Truist, it's, Piper Sandler, Piper, Bentley Organizations: Nvidia, BMO, Apollo, Amer Sports, Citi, Citigroup, Bank of America, KKR, APO, BJ's Wholesale, D.A, Susquehanna, Energy, HSBC downgrades Moderna, HSBC, Moderna, Google, YouTube, " Bank of America, Omega Healthcare, Sun, DuPont's Mobility, JPMorgan, Navy, Bentley Systems Locations: USD75, Asana, ASAN

☆ Signs of a sector rotation — plus 2 more themes to watch in the stock market
▼ + stars: | 2023-12-02 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Historically, November is the best month of the year for the stock market, and December is third, according to the Stock Trader's Almanac. Under the surface this week, we also saw signs of a possible market rotation in the works. Rotation watch : We must look to next week's trading for confirmation that we're in the grips of a rotation or simply a head fake. Signs of the former were on display this week as the two of the biggest sector winners of the year, communication services and technology , trailed the market. Jobs, jobs, jobs : The most important release of the week comes Friday in the form of the November nonfarm payrolls report.

Persons: Jerome Powell, That's, Locker, it's, Hock Tan, We'll, Joann, JOAN, JM Smucker, OLLI, Campbell Soup, Brown, Forman, LULU, Smith, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Wall, Dow, Nasdaq, Federal, Broadcom, Marvell Technology, Cisco Systems, VMWare, Club, PMI, Labor, Signet Jewelers, SIG, Brands, Toll, Thor Industries, Natural Foods, GameStop, Vail Resorts, MTN, Smith & Wesson, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Asana, ASAN, New York City

☆ Wall Street hits Salesforce with a downgrade. Here's why Cramer disagrees
▼ + stars: | 2023-10-23 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +4 min

Enterprise software giant Salesforce (CRM) has been trudging through a challenged stretch of trading lately — but it's certainly no justification for a Wall Street downgrade, Jim Cramer said Monday. Salesforce appears well-positioned on both sales growth and profitability, even if some on Wall Street question its ability to deliver a growth mix on par with its software peers. Alongside its fiscal 2024 second-quarter results in late August, Salesforce tweaked its full-year revenue guidance to a level slightly above Wall Street consensus estimates at the time, implying nearly 11% year-over-year growth. However, the firm said Club holding Microsoft (MSFT) is still its favorite large-cap software stock to own into year-end, citing AI catalysts. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: it's, Jim Cramer, Piper Sandler, Salesforce, Jim, Marc Benioff, Jim Cramer's Organizations: Enterprise, Club, Microsoft, CNBC, Bloomberg, Getty Locations: Salesforce, ASAN, San Francisco

☆ Russia Repels Attack on Ship in Crimea: Live Ukraine War Updates
▼ + stars: | 2023-09-14 | by ( Andrés R. Martínez | ) www.nytimes.com time to read: +9 min

News AnalysisA photograph released by North Korean state media showing President Vladimir V. Putin of Russia with the North Korean leader Kim Jong-un at the Vostochny Cosmodrome in Russia on Wednesday. The Korean War never officially ended after the guns fell silent in a cease-fire in 1953. North Korea, though isolated and impoverished, has prioritized a military buildup, with its propaganda machines urging constant vigilance against American invasion. Image At the border between North Korea and South Korea. “Trust is so low among Russia, North Korea and China that a real alliance of the three isn’t credible or sustainable.”

Persons: Vladimir V, Putin, Kim Jong, Matthew Miller, , Putin “ , Chang W, Lee, ”, Yang Uk, Yoon Suk Yeol, It’s, ” Mr, Yang, Michael Park, Kim, “, Siemon, Mr, Wezeman, Hong Min, Hong, David Guttenfelder, Leif, Eric Easley Organizations: North, North Korean, Vostochny, United Nations, State Department, New York Times, Asan Institute, Policy Studies, ” Artillery, ., The New York Times, Stockholm International Peace Research Institute, NATO, Korea Institute for National Unification, Russian, Mr, Ewha Womans University Locations: North Korean, Russia, . Washington, Moscow, South, United States, Ukraine, Russia’s, North Korea, Pyongyang, Washington, South Korea, Soviet, Syria, Iran, Korea, “, Seoul, Changwon, Stockholm, Sweden, North, , Zaporizhzhia, Komsomolsk, Vladivostok, China

Western officials saw the summit with North Korea as an effort by Putin to secure a potential arms bonanza for his military. North Korea also could increase its ammunition production at Russia’s behest. Yang Uk, a security expert at South Korea’s Asan Institute for Policy Studies, noted that in addition to Soviet-designed armaments, North Korea also could share some of its latest military equipment. “There isn’t really much left in the policy toolbox in terms of addressing the challenges specifically from Russia and North Korea,” Park observed. It’s just basically not implementing sanctions.”A major factor Russia needs to consider while it seeks to expand ties with North Korea is China, Pyongyang's No.

Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Josef Stalin, Kim Il Sung, ”, John Park, Harvard Kennedy, it’s, James O’Brien, James Nixey, Volodymyr Zelenskyy, “, Yang Uk, ” Yang, Leif, Eric Easley, “ Putin, ” Nixey, Antonio Guterres, “ It’s, It’s, Danica Kirka, Emma Burrows, Kim Tong, hyung, Kim Hyung Organizations: North, Putin, Harvard, U.S . State Department, Chatham House, South Korea’s Asan Institute, Policy Studies, Ewha University, U.S, Observers, Associated Press Locations: Pyongyang, Ukraine, Moscow, Asia, Korean, Korea, Russia, North Korea, ”, “, Eurasia, London, U.S, Central, Eastern Europe, South Korea’s, Soviet, Vostochny, Seoul, China, South Korea, Europe, Washington, russia, ukraine

☆ Putin is desperate for North Korea's stockpile of weapons, but they're outdated and unreliable, say experts
▼ + stars: | 2023-09-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Russia's Vladimir Putin will host North Korea's Kim Jong Un in Vladivostok, reports say. But North Korea's shoddy weapons may not be effective, say analysts. Ben Wallace, the former UK defense secretary, meanwhile accused Putin of "begging" for outdated North Korean weapons in his desperation to secure new weapons supplies. But analysts believe that North Korea's weapons are in a shoddy state, and are unlikely to make a decisive impact in Ukraine. AdvertisementAdvertisement"Russia is looking to North Korea for a large quantity of conventional weapons rather than sophisticated ones," said Go.

Persons: Russia's Vladimir Putin, Kim Jong Un, Vladimir Putin, Putin, Kim, John Everard, Ben Wallace, meanwhile, Michael Kofman Organizations: Service, North, BBC, UN, Financial Times, Asan Institute, Policy Studies, Russia, CNA Locations: Vladivostok, Wall, Silicon, Russia, Ukraine, North Korea, Moscow, Iran, Korea, Korean, Yeonpyeong, US, Seoul

☆ Stocks stage a comeback, while two Club tech names report — and what's on tap for next week
▼ + stars: | 2023-09-02 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

All three major U.S. stock indices rebounded this past week following a lackluster August, delivering their best one-week performances since July. Here's a quick update on the past week: The August ADP employment report numbers came in lower than expected. Earnings : No Club companies report next week. Over 99% of S & P 500 companies have now reported earnings results for the second-quarter season, according to FactSet. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Nonfarm payrolls, Dow Jones, Buster's, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dow Jones, Nasdaq, Federal Reserve, Labor, U.S . Labor Department, ISM Manufacturing, Broadcom, VMware, PMI, Photonics, Akoustis Tech, GameStop, Eagle Outfitters, SAIC, Brands, ABM Industries, Kroger, KR, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: U.S, Asana, ASAN, New York City

SEOUL, Aug 24 (Reuters) - North Korea appears to have made progress in its space program, despite a second rocket failure on Thursday, but its unusually quick launch pace may be causing problems, analysts said. North Korea's second attempt to place a spy satellite in orbit failed after the booster experienced a problem with its third stage, state media reported. South Korea scheduled nearly a year between each of the three launches of its new Nuri rocket, none of which failed as spectacularly as the North Korean attempts. North Korea plans to launch the Chollima-1 three times in less than six months. "I am not sure if North Korean leadership knows the characteristics of large-scale science," he said.

Persons: Jeffrey Lewis, James Martin, Chang Young, Kim Jong, Yang Uk, Nuri, Yang Moo, Kim, Lee Choon, Hyonhee Shin, hyang Choi, Josh Smith, Gerry Doyle Organizations: James, James Martin Center, Nonproliferation, Korea Aerospace University, Asan Institute, Policy Studies, University of North Korean Studies, South Korea's Science, Technology Policy Institute, Thomson Locations: SEOUL, North Korea, South Korea, Pyongyang, Seoul, Korea, Korean

SEOUL/TOKYO, July 12 (Reuters) - North Korea fired an intercontinental ballistic missile (ICBM) off its east coast on Wednesday, prompting U.S. condemnation, as well as from the leaders of South Korea and Japan who met on the sidelines of a NATO summit. The White House condemned the launch and said it would take all necessary measures to ensure its security and that of South Korea and Japan. South Korean President Yoon Suk Yeol, in Lithuania for the NATO summit, convened an emergency national security council meeting and vowed to use the summit to call for strong international solidarity to confront such threats. [1/3]Passengers wait for their train in front of a TV broadcasting a news report on North Korea firing a ballistic missile off its east coast, at a railway station in Seoul, South Korea, July 12, 2023. REUTERS/Kim Hong-JiThe top military generals of the United States, Japan and South Korea gathered for a rare trilateral meeting in Hawaii just before the missile launch.

Persons: Hirokazu Matsuno, Adam Hodge, Yoon Suk Yeol, Yoon, Fumio Kishida, Kishida, Kim Hong, Ji, Kim Dong, Yang, Leif, Eric Easley, Josh Smith, Soo, hyang Choi, Hyunsu Yim, Hyonhee, Rami Ayyub, David Brunnstrom, Elaine Lies, Tom Hogue, Lincoln, Raju Gopalakrishnan Organizations: NATO, House, National Security, REUTERS, University of North Korean Studies, Analysts, Reuters Graphics Reuters, Asan Institute, Policy Studies, Ewha Womans University, Thomson Locations: SEOUL, TOKYO, North Korea, South Korea, Japan, Korean, American, Pyongyang, Lithuania, Japanese, United States, Australia, New Zealand, Seoul, Hawaii, Japan's, U.S, Washington, Tokyo

☆ North Korea satellite had 'no military utility' - South Korea
▼ + stars: | 2023-07-05 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

[1/2] People watch a TV broadcasting a news report on North Korea firing what it called a space satellite toward the south, in Seoul, South Korea, May 31, 2023. "After detailed analysis on major parts of North Korea's space launch vehicle and satellite which were salvaged, South Korean and U.S. experts have assessed that they had no military utility as a reconnaissance satellite at all," the military said in a statement. It is the first time South Korea has secured a satellite launched by the North, South Korean military experts said. The nuclear-armed North has pursued a satellite launch programme since the 1990s and has said it would launch its first reconnaissance satellite to boost monitoring of U.S. military activities. In a key policy address in January 2021, North Korea's leader, Kim Jong Un, pledged to develop military reconnaissance satellites.

Persons: Kim Hong, Lee Choon, Yang Uk, Kim Jong Un, Hyonhee Shin, Jack Kim, Ed Davies, Gerry Doyle Organizations: REUTERS, South, Aircraft, South Korea's Science, Technology Policy, Asan Institute, Policy Studies, Workers, Party, Thomson Locations: North Korea, Seoul, South Korea, Korean, SEOUL, North, U.S, Korea, South Korean, Pyongyang, Japan

[1/5] TANAKA whose real name is Kim Kyung-wook, speaks during an interview with Reuters in Seoul, South Korea, May 16, 2023. Now Kim exemplifies the changing attitudes of young Koreans as ties with Japan thaw. DEMAND REBOUNDThe quarrels are being left behind as the enthusiasm of young Koreans fuels a sharp rebound in demand for Japanese consumer products. That compared with a 90% drop in imports of Japanese beer in 2019, when the intensifying feuds made it an early target of a sweeping boycott. "China is clearly less preferred than countries like the United States and Japan," Kim said, citing Beijing's curbs on freedom in Hong Kong and during the COVID-19 pandemic.

Persons: TANAKA, Kim Kyung, Kim Hong, Ji, Jeong, Tanaka, idolises, I've, it's, Kim, Fumio Kishida, Yoon Suk, James Kim, Hyonhee Shin, Heekyong Yang, Jimin Jung, Daewoung Kim, Clarence Fernandez Organizations: Reuters, REUTERS, South, Korea's, Relations, Asahi Group Holdings, Costco, Hankook Research, Asan Institute, Policy Studies, Thomson Locations: Seoul, South Korea, Ji SEOUL, South Korean, Japan, Tokyo, Korean, China, Russia, North Korea, United States, Hong Kong

WASHINGTON, April 26 (Reuters) - President Joe Biden and South Korean leader Yoon Suk Yeol are expected to agree on Wednesday to deepen collaboration meant to deter nuclear escalation by North Korea amid heightened anxiety about its growing arsenal of missiles and bombs, U.S. officials said. The Republic of Korea is South Korea's official name. The officials stressed that no U.S. nuclear weapons would be returned to the peninsula, and South Korea would continue not to have control over the U.S. nuclear arsenal. South Korea will also reaffirm its commitment to the nuclear non-proliferation treaty and its non-nuclear status, they said. It is only the second state visit Biden has hosted since he took office two years ago - the first such guest was France's president.

☆ S.Korea's Yoon to meet Biden as doubts grow over nuclear umbrella
▼ + stars: | 2023-04-24 | by ( Hyonhee Shin | ) www.reuters.com time to read: +4 min

More than 64% supported South Korea developing its own nuclear weapons, with about 33% opposed. Yoon has been pushing to boost South Korea's say in operating the U.S. extended deterrence but exactly what that might entail has not been spelt out. A senior U.S. official said on Friday that Biden, during the summit with Yoon, would pledge "substantial" steps to underscore U.S. commitments to deter a North Korean nuclear attack. South Korea, a major producer of artillery shells, says it has not provided lethal weapons to Ukraine, citing its relations with Russia. South Korea tries to avoid antagonising Russia, due chiefly to business interests and Russian influence over North Korea.

☆ Samsung Display to invest $3.1 bln in OLED production in South Korea
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: 1 min

SEOUL, April 4 (Reuters) - Samsung Electronics' (005930.KS) unit Samsung Display plans to invest 4.1 trillion won ($3.14 billion) until 2026 in Asan, South Korea to make advanced organic light-emitting diode (OLED) display panels used in tablets and computers, the trade ministry said on Tuesday. The investment is part of a previously-announced plan by Samsung Electronics and affiliates to invest 60.1 trillion won in the next 10 years in regions outside the capital, Seoul. ($1 = 1,307.7000 won)Reporting by Joyce Lee, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

SEOUL, March 20 (Reuters) - North Korea's presumed use of a silo in its latest missile test was aimed at boosting the speed and reliability of launches, and could be used in future flights of intercontinental ballistic missiles (ICBMs), analysts said on Monday. "And without launch preparations being detected in advance, you can just press a button." Unlike the KN-23, liquid-fuelled missiles such as North Korea's Hwasong-17 ICBM require time for fuelling. With a silo that can take place underground, out of sight. North Korea typically relies on mobile launchers, but the country's lack of infrastructure could make launches from such trucks challenging, Yang said.

☆ North Korean leader Kim calls for intensified drills in case of 'real war'
▼ + stars: | 2023-03-09 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

[1/3] A general view of fire assault drill at an undisclosed location in North Korea March 10, 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). North Korea fired a short-range ballistic missile off its west coast on Thursday, South Korea's military said, adding it was analysing possibilities the North may have launched multiple missiles simultaneously from the same area. North Korea has long bristled at the allies' drills as a rehearsal for invasion. North Korean leader Kim's sister, Kim Yo Jong, said earlier this week any move to shoot down one of its test missiles would be considered a declaration of war and blamed the joint military exercises for growing tensions. Yang Uk, a research fellow and defence expert at Seoul's Asan Institute for Policy Studies, said North Korea has been increasingly claiming that its smaller missiles are nuclear-capable, in apparent threats to South Korea.

SEOUL, March 8 (Reuters) - South Korea's government approved export licenses for Poland last year to provide Ukraine with Krab howitzers, which are built with South Korean components, a defence acquisition official in Seoul told Reuters on Wednesday. The comments are the first confirmation that South Korea officially acquiesced to at least indirectly providing weapons components to Ukraine for its war against Russia. Seoul officials have previously declined to comment on the Krabs, fuelling speculation over whether South Korea had formally agreed or was simply looking the other way. South Korean President Yoon Suk Yeol said at the time that South Korea, a U.S. ally, had not provided any weapons. Kim said Poland would need further South Korean permission to provide any of those new weapons to Ukraine.

☆ North Korea-South Korea ties: Tension shouldn't be avoided but managed, think tank says
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNorth Korea-South Korea ties: Tension shouldn't be avoided but managed, think tank saysDu Hyeogn Cha of The Asan Institute for Policy Studies discusses two ways to manage those tensions.

☆ North Korean Parade Puts Missile Production Prowess on Display
▼ + stars: | 2023-02-09 | by ( Dasl Yoon | ) www.wsj.com time to read: +5 min

North Korea has never showcased that many nuclear missiles at one time. The Wednesday parade suggested North Korea was expanding its stockpile of nuclear missiles that threaten the U.S. and its allies’ missile defense systems. North Korea has been developing solid-fueled ICBMs that require less preparation time to launch. North Korean state media didn’t report on any remarks by Mr. Kim, who has skipped speeches at previous military parades. “The main objective of Wednesday’s military parade is to show North Korea’s growing missile capability to strike the U.S. mainland,” said Park Won-gon, a professor of North Korean studies at Ewha Womans University.

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