Sep 26, 2016

China's North Korean coal imports surge despite sanctions: data

China’s coal imports from North Korea have surged in recent months, government data showed Monday, raising questions about Beijing’s commitment to international sanctions intended to curb Pyongyang’s nuclear program. As the isolated country’s sole ally and main provider of trade and aid, Beijing’s participation ...

U.N. Security Council backs nuke test ban implementation

Sep 24, 2016

U.N. Security Council backs nuke test ban implementation

With U.S. Secretary of State John Kerry invoking North Korea’s latest nuclear explosion as a “reckless act of provocation,” the U.N. Security Council on Friday approved a resolution urging quick global implementation of a treaty that would ban tests of such weapons. Kerry said ...

North Korea vows in U.N. speech to strengthen nuclear forces

Sep 24, 2016

North Korea vows in U.N. speech to strengthen nuclear forces

North Korea’s foreign minister condemned the United States on Friday for flying supersonic bombers over South Korea earlier this week and vowed his country will strengthen its nuclear capabilities in defiance of multiple U.N. Security Council resolutions. In a defiant speech before the U.N. ...

Hanjin Shipping to get more funds to resolve cargo crisis

Sep 22, 2016

Hanjin Shipping to get more funds to resolve cargo crisis

Hanjin Shipping is to receive as much as $100 million in additional funds to resolve the cargo crisis caused by its slide toward bankruptcy. Hanjin’s lead creditor, Korea Development Bank, said Thursday it will offer a credit line of 50 billion won ($45 million) ...