DIRS.INFO The most relevant business & tech news

☆ North Korea says it will launch its first-ever military spy satellite to monitor U.S. drills
▼ + stars: | 2023-05-30 | by ( Jihye Lee | ) www.cnbc.com time to read: +3 min

SEOUL, SOUTH KOREA - FEBRUARY 09: People watch a television show North Korea's 75th anniversary of the founding of the armed forces day military parade released by Korean Central News Agency (KCNA) in Seoul, South Korea. Chung Sung-jun | Getty Images News | Getty ImagesNorth Korea announced its plans to launch its first-ever military spy satellite – giving a lift for some South Korean and Japanese defense stocks. North Korean military official Ri Pyong Chol said in a Monday statement that Pyongyang plans to launch a satellite with the aim to track "dangerous" actions by the U.S., pointing to its recent joint military drills taking with South Korea. North Korea claimed the event "fully proves how the enemy is making preparations for the military act of aggression on the DPRK," referring to its official name, the Democratic People's Republic of Korea. Defense stocks riseShares of South Korean defense companies Firstec and Victek rose 3.8% and 3.3% respectively Tuesday afternoon, returning from a market holiday Monday.

[1/6] 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. The launch prompted emergency alerts and brief evacuation warnings in parts of South Korea and Japan, which were then withdrawn with no danger or damage reported. South Korea's military said it was still analysing whether the launch was successful, while media in South Korea and Japan said governments there were examining the possibility that it failed. North Korea had said it would launch its first military reconnaissance satellite between May 31 and June 11 to boost monitoring of U.S. military activities. North Korea has previously attempted five satellite launches, with two satellites placed in orbit, including during its last such launch in 2016.

Persons: Kim Hong, Leif, Eric Easley, Chol, Brian Weeden, Hyonhee Shin, Josh Smith, Chang, Ran Kim, David Brunnstrom, Chris Reese, Sonali Paul Organizations: REUTERS, Ji, Ewha University, Ocean, Central Military Commission, Workers ' Party, U.S, U.S . State Department, Korean, United Nations, State Department, Secure, Foundation, Thomson Locations: North Korea, Seoul, South Korea, Ji SEOUL, TOKYO, Japan, Korean, China, Pyongyang, Tokyo, Okinawa, Korea's, U.S, Washington

☆ North Korea says it will launch its first military spy satellite in June
▼ + stars: | 2023-05-29 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

SEOUL, May 30 (Reuters) - North Korea will launch its first military reconnaissance satellite in June for monitoring U.S. military activities, state media KCNA reported on Tuesday. Nuclear-armed North Korea has said it has completed development of its first military spy satellite, and leader Kim Jong Un has approved final preparations for the launch. The statement did not specify the exact launch date, but North Korea has notified Japan of the planned launch between May 31 and June 11, prompting Tokyo to put its ballistic missile defences on alert. A U.S. State Department spokesperson said on Monday any North Korean launch that uses ballistic missile technology, including those used to put a satellite in orbit, would violate multiple United Nations resolutions. Analysts say the satellite will improve North Korea's surveillance capability, enabling it to strike targets more accurately in the event of war.

SEOUL/TOKYO, May 29 (Reuters) - North Korea has notified Japan of a plan to launch a satellite between May 31 and June 11, a Japanese coast guard official said on Monday. North Korea informed the Japanese coast guard of the planned launch, the coast guard official told Reuters, confirming earlier reports by public broadcaster NHK and other Japanese media. The Japanese prime minister's office urged North Korea to refrain from the launch and said it would work closely with allies. "We strongly urge North Korea to refrain from launching," the prime minister's office said on Twitter, adding it would cooperate "with relevant countries such as the U.S. and South Korea". North Korean leader Kim Jong Un in May inspected a military satellite facility, North Korean state media KCNA reported.

☆ B-2 stealth bombers are back flying after the US Air Force grounded the fleet for 5 months in the wake of a fiery landing
▼ + stars: | 2023-05-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

An Air Force official told Insider that the pause was "precautionary," and was lifted on May 18 by Gen. Thomas Bussiere, commander of Air Force Global Strike Command. The B-2 Spirit approaches the boom of a McGuire Air Force Base, New Jersey KC-10A Extender during a Capstone orientation flight. Scott H. SpitzerThis incident marked the second time in 15 months that there was an emergency involving the B-2 at Whiteman Air Force Base. "We successfully accomplished all necessary actions to safely return to full flight operations with the B-2 fleet. Whiteman Air Force Base is the country's only operational base for the B-2, which was first unveiled in 1988.

☆ North Korea criticises US, South Korea military drills as 'nuclear blackmail'
▼ + stars: | 2023-05-19 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, May 19 (Reuters) - North Korea accused the U.S. and South Korea of ramping up "nuclear blackmail" with joint military drills, pledging to take corresponding action against what it called "warmongers' madness," state media KCNA said on Friday. North Korea has reacted angrily to the exercises, calling them a rehearsal for invasion. This week, North Korean leader Kim Jong Un inspected a military satellite station, saying successfully launching a spy satellite is an "urgent requirement of the prevailing security environment". Kim has said he prioritised a spy satellite programme as part of efforts to advance surveillance technology to improve the country's ability to strike targets in a crisis. The reclusive country in December conducted what it called an important "final phase" test for a spy satellite and said it would complete preparations for the launch by April.

☆ Justice Department files criminal charges in cases of American tech stolen for Russia, China and Iran
▼ + stars: | 2023-05-16 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +3 min

CNN —The Justice Department announced on Tuesday five criminal cases against people accused of stealing or illegally diverting American technology and materials for the Russian, Chinese and Iranian governments. The man, Xiangjiang Qiao, is at large in China, according to the Justice Department. “These charges demonstrate the Justice Department’s commitment to preventing sensitive technology from falling into the hands of foreign adversaries, including Russia, China, and Iran,” said Matthew Olsen of the Justice Department’s national security division. In New York, a Greek national is charged with allegedly acquiring more than 10 different types of sensitive technologies on behalf of the Russian government. The man, Dr. Nikolaos “Nikos” Bogonikolos, was arrested in Paris last week and the US will move for his extradition, the Justice Department said.

☆ Ukraine war live updates: Putin's 'one-tank' parade prompts questions; more calls for Wagner Group to be labeled terrorist group
▼ + stars: | 2023-05-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Russian soldiers march during a rehearsal of the Victory Day military parade in Moscow, Russia, on May 7, 2023. The Covid-19 pandemic and now the ongoing war with Ukraine have sorely affected annual commemorations of the Soviet victory over Nazi Germany. Despite being one of the most important dates in Russia's calendar, Victory Day in Russia has not been what it was for a number of years now. Russian Yars intercontinental ballistic missile launchers parade through Red Square during the Victory Day military parade in central Moscow on May 9, 2022. "The potential for protests and discontent over the Ukraine war are also likely to have influenced the calculus of the Russian leadership."

☆ Victory Day analysis: Putin tried to project strength, but Moscow parade revealed only his isolation
▼ + stars: | 2023-05-09 | by ( Nathan Hodge | ) edition.cnn.com time to read: +7 min

CNN —For Russian President Vladimir Putin, this year’s Victory Day parade in Red Square was a chance to continue his war on history. It has become a pawn to their cruel and selfish plans.”Despite the pomp of the parade, Putin cuts an increasingly isolated figure. In Russia, Putin and his regime have destroyed these values. A lone Soviet-era T-34 tank leads the procession in Moscow in contrast to the large array of military hardware on display on previous Victory Day parades. “Victory Day is the victory of our grandfathers,” he said.

More recently, he has tried to wrap Ukraine into that narrative, falsely depicting it as a Nazi redoubt. Image Smoke rising above a fuel depot in the Russian village of Volna, near the bridge linking Crimea to Russia, last Wednesday. In Russia, various regional governors have cited security concerns in canceling Victory Day events. “No neo-Nazi scum will be able to mar the great Victory Day. The Kremlin spokesman Dmitri S. Peskov said the march was canceled as a “precautionary measure” against possible attacks.

☆ Factbox: Why does Russia celebrate Victory Day on May 9, and what does it mean for Putin?
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +4 min

Victory Day is one of Russia's most important public holidays. WHEN WAS THE FIRST VICTORY DAY? In Moscow it was already May 9, which became the Soviet Union's "Victory Day". The Soviet Union celebrated the 20th and 40th anniversaries of Victory Day with Red Square parades in 1965 and 1985. Under Putin, Victory Day increasingly became a muscular display not only of marching battalions but also of Russia's latest weaponry, including warplanes, tanks, and nuclear-capable intercontinental ballistic missiles.

☆ US push for UN censure of North Korea appears to stall -diplomats
▼ + stars: | 2023-05-08 | by ( Michelle Nichols | ) www.reuters.com time to read: +2 min

UNITED NATIONS, May 8 (Reuters) - U.N. Security Council negotiations on a U.S. push for the 15-member body to condemn North Korea's intercontinental ballistic missile (ICBM) launches appear to have stalled after diplomats said China and Russia had stopped engaging. Ambassador Linda Thomas-Greenfield said in February she would pursue a formal presidential statement - one step below a resolution - to condemn North Korea's actions and urge diplomacy. North Korea's formal name is the Democratic People's Republic of Korea (DPRK). Russia and China, veto powers along with the United States, Britain and France, have said more sanctions will not help and want such measures to be eased. China and Russia blame joint military drills by the United States and South Korea for provoking Pyongyang, while Washington accuses Beijing and Moscow of emboldening North Korea by shielding it from more sanctions.

More recently, he has tried to wrap Ukraine into that narrative, falsely depicting it as a Nazi redoubt. Credit... ReutersUkraine’s president, Volodymyr Zelensky, staked his nation’s own claim to the holiday, with an address on Monday drawing a parallel between World War II and the current war against Russian invaders. In Russia, various regional governors have cited security concerns in canceling Victory Day events. Igor Artamonov, the governor of the Lipetsk region, which is also near Ukraine, said his decision should not be misinterpreted. “No neo-Nazi scum will be able to mar the great Victory Day.

☆ DeSantis vs. Disney: What to Know About Their Power Struggle
▼ + stars: | 2023-04-28 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

North Korea’s Nuclear Threat: A Timeline of Kim Jong Un’s New Weapons North Korea has been putting a host of new weapons on display, including a tactical nuclear warhead, an underwater drone and a solid-fueled intercontinental ballistic missile. WSJ looks at how they add to Pyongyang’s growing military threat to the U.S. and its allies. Photo Composite: Emily Siu

☆ U.S. to send nuclear submarines in new pledge to protect South Korea from North's threats
▼ + stars: | 2023-04-26 | by ( Alexander Smith | ) www.cnbc.com time to read: +5 min

The United States will deploy nuclear-armed submarines to South Korea for the first time in decades — part of a new agreement that will signal Washington's commitment to defend Seoul against rising nuclear threats from North Korea, U.S. officials said. The plan to dock the ballistic missile submarines in South Korea, which hasn't happened since the 1980's, headlines an effort to make U.S. deterrence against Kim Jong Un's regime "more visible," according to senior administration officials. President Joe Biden and his counterpart, South Korean President Yoon Suk Yeol, will unveil the new agreement in Washington on Wednesday, the officials said. In return, an official added, South Korea would reaffirm its commitment to the Nuclear Nonproliferation Treaty, known as the NPT, which bars countries from seeking nuclear weapons. Yoon's visit follows the largest U.S.-South Korea joint military exercises in years, aimed largely at countering the North Korean nuclear threat.

☆ Explainer: South Korea's nuclear dilemma: Would U.S. trade Seattle for Seoul?
▼ + stars: | 2023-04-26 | by ( David Brunnstrom | ) www.reuters.com time to read: +5 min

WHY IS SOUTH KOREA WORRIED? U.S. "extended deterrence" protection for South Korea rests on a simple, if grim, assumption: if North Korea were to attack South Korea with nuclear weapons, it would face devastating U.S. retaliatory strikes. Yoon vowed in his election campaign to seek redeployment of U.S. tactical nuclear weapons in South Korea and possibly "nuclear sharing," meaning joint command over U.S. weapons. But his comments have driven a growing debate that one former senior U.S. defense official said threatens to normalize a once unthinkable concept of a South Korean nuclear arsenal. WHAT WOULD BE THE IMPLICATIONS OF A NUCLEAR SOUTH KOREA?

☆ Rare photo captures the moment the keys were turned on a US military 'doomsday' plane to launch an ICBM
▼ + stars: | 2023-04-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The US military test-launched a Minuteman III intercontinental ballistic missile last week. Newly released Air Force photos show the moment an airman turned the keys to initiate the launch. The launch was executed aboard a so-called 'doomsday' plane, and a newly released photo captures the moment an airman turned the keys to initiate the launch. US NavyUS Strategic Command said last week's launch is "part of routine and periodic activities" to ensure that Washington's nuclear capabilities are stable. Several times a year, an ICBM will be pulled from one of the Air Force Global Strike Command missile wings for an Operational Test Launch at Vandenberg.

☆ North Korean bank official charged in crypto laundering conspiracies
▼ + stars: | 2023-04-25 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

On Monday, a Washington, D.C., district court unsealed two federal indictments charging a North Korean bank official for his alleged role in cryptocurrency laundering conspiracies. The alleged actions are in violation of current sanctions against North Korea by both the U.S. and United Nations. The recently unsealed indictments represent a broader pattern in recent years of North Korean workers using virtual private networks (VPNs) and other tools to illegally gain remote employment and redirect revenue to North Korea. Nearly every month so far this year, North Korea has run tests of its intercontinental ballistic missiles, the latest taking place in mid-April. "We will continue to work to disrupt and deter North Korean actors and those who aid them by following the money on the blockchain and shining a light on their conduct."

☆ North Korea's next nuke test a matter of 'when,' not 'if,' US Army general says, warning its on the way to a key nuclear capability
▼ + stars: | 2023-04-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

A top US Army general warned that North Korea is on its way to developing a key nuclear capability. Gen. Paul LaCamera also said this week that Pyongyang's next nuclear test is only a matter of time. LaCamera also said North Korea is slated to carry out a seventh nuclear test at some point in the future. North Korea conducted six nuclear tests between 2006 and 2017, and each underground test produced explosive yields progressively larger than the one before it. Ju Ae has become a regular figure at North Korea's military-oriented events in recent months after spending years cloaked in mystery.

☆ North Korea criticises G7 over call for denuclearisation
▼ + stars: | 2023-04-20 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

The quoted remarks by North Korean Foreign Minister Choe Son Hui came in a statement criticising the United States and other Group of Seven countries. Tension has flared in recent weeks as North Korea has ramped up military activities, and threatened "more practical and offensive" action as U.S. and South Korean forces conduct annual springtime military exercises. North Korea has been reacting furiously to those exercises, calling them a rehearsal for "an all-out, nuclear war." Choe accused the G7 countries of illegally interfering in North Korea's internal affairs by demanding denuclearisation, saying Pyongyang would respond if they attempt to violate its sovereignty and fundamental interests. "North Korea will never get what it wants through nuclear and missile development, and it will only become more isolated from the international community," ministry deputy spokesperson Lee Hyo-jung told a briefing.

It was the first time that Seoul suggested a willingness to provide weapons to Ukraine, more than a year after ruling out the possibility of lethal aid. During the summit, Yoon said he will seek "tangible outcomes" on the allies' efforts to improve responses to evolving threats from North Korea, which has ramped up military tests, and launched its first solid-fuel intercontinental ballistic missile last week. In February, South Korea and the U.S. staged table-top exercises simulating a North Korea nuclear attack as part of Seoul's efforts to play a bigger role in Washington's nuclear policy over the North. "I think there's no big problem if Japan is joining, but since there's been much progress between the U.S. and South Korea, it would be more efficient to create this system ourselves first." "The Taiwan issue is not simply an issue between China and Taiwan but, like the issue of North Korea, it is a global issue."

☆ North Korea wants to turn around its dismal space launch record, saying its first military spy satellite is ready for liftoff
▼ + stars: | 2023-04-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

North Korea said on Wednesday that it's ready to launch its first military spy satellite this month. North Korean leader Kim Jong Un, and his daughter visit the National Aerospace Development Administration in North Korea Tuesday. If successful, this launch would be the first officially conducted by North Korea for military purposes. North Korea first tried launching a satellite in 1998, but the rocket failed to reach orbit and burned up in the atmosphere. But just eight months later, North Korea finally pulled off a successful launch, sending the "Kwangmyŏngsŏng-3" into space.

☆ North Korean leader orders spy satellite launch as planned -KCNA
▼ + stars: | 2023-04-18 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

SEOUL, April 19 (Reuters) - North Korean leader Kim Jong Un has ordered officials to launch the first spy satellite as planned, saying that boosting reconnaissance capabilities is a priority to counter "threats" from the United States and South Korea, state media reported on Wednesday. North Korea in December conducted what it called an important "final phase" test for a spy satellite and said it would complete preparations for the launch by April. KCNA said the satellite production has been completed but it did not elaborate when the scheduled launch date is. "Securing real-time information about the hostile forces' military scenario" is the "most important" task, Kim said. A state media photo showed Kim, accompanied by his daughter, talking to officials in front of a blurred image of an apparent satellite.

☆ South Korea, US, Japan to hold missile defence drills to counter North Korea
▼ + stars: | 2023-04-17 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, April 17 (Reuters) - South Korea, the United States and Japan will stage joint naval missile defence exercises on Monday as they push for greater security cooperation to better counter North Korea's evolving missile threats, Seoul's navy said. Monday's drills will be held in international waters between Korea and Japan, bringing together South Korea's 7,600-ton Aegis destroyer Yulgok Yi I, U.S. guided-missile destroyer USS Benfold, and Japan's Atago destroyer, also equipped with Aegis radar systems. The three countries would focus on mastering response procedures from detection to tracking to information sharing by creating a virtual target under the scenario of a North Korean ballistic missile provocation, the South Korean navy said. South Korean and U.S. air forces are separately set to begin their drills on Monday for a 12-day run. South Korean President Yoon Suk Yeol has pledged to move the ties beyond the past and visited Tokyo in March for the first time in 12 years as the country's leader.

☆ South Korea fires warning shots after North's boat crosses sea border
▼ + stars: | 2023-04-16 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, April 16 (Reuters) - South Korea fired warning shots toward a North Korean vessel that crossed the maritime border on Saturday, South Korea's military said a day after the incident which came amid recent tension over the North's missile tests. The South's Joint Chiefs of Staff (JCS) said it fired warning shots and broadcast warnings to expel a North Korean patrol boat that breached the Northern Limit Line (NLL), the de facto sea boundary, at around 11:00 a.m. on Saturday (0200 GMT Saturday). "Our military maintains decisive battle posture while monitoring the enemy's movements in preparation for potential provocations regarding NLL violations by North Korean patrol boats," the JCS said in a statement on Sunday. During the operations, a South Korean patrol ship came into "minor contact" with a nearby Chinese fishing vessel due to bad visibility, resulting in no safety issues but slight injuries among the South Korean crew, the JCS added. Last October, the two Koreas traded warning shots in the western waters, accusing each other of breaching the sea border in an area where confrontations have often occurred.

Search resuls for: "Intercontinental Ballistic Missile"

25 mentions found