South Korean investors are facing a Wednesday deadline to avoid the threatened disposal of almost $300 million in assets at a shuttered mountain resort in North Korea. Pyongyang says it will dispose of the South Korean assets — which include hotels, restaurants and a golf course — if company officials do not visit the Mount […]
North Korean Deadline Looms for Disposal of Mt. Kumgang Assets
Posted July 11th, 2011 at 1:56 am (UTC-5)
Leave a comment
Pyongyang Threatens Sacred War Ahead of Kunming Talks
Posted June 28th, 2011 at 11:45 pm (UTC-5)
North Korea has leveled new threats of “sacred war” against it southern neighbor, just hours before a meeting with South Korean officials and businessmen to discuss the future of a North Korean tourist resort. North Korea’s official KCNA news agency quoted an unnamed official Wednesday as saying South Korean army units had displayed slogans slandering […]
South Korea to Hold Talks With North on Resort
Posted June 27th, 2011 at 4:50 pm (UTC-5)
South Korea says it will send a group of government officials and private businessmen to Mount Kumgang in North Korea to discuss the North’s unilateral seizure of South Korea’s assets in the scenic mountain resort. Officials in Seoul announced the decision Monday after Pyongyang threatened to dispose of South Korean-owned buildings at the joint project. […]
US Commander Predicts New Attacks by North Korea
Posted June 20th, 2011 at 3:05 am (UTC-5)
The top U.S. commander in South Korea says North Korea is likely to launch more military attacks against the South, but he says Seoul and Washington are prepared to address the threat. Army General Walter Sharp, commander of U.S. Forces Korea, said at a forum in Seoul Monday that the United States and South Korea […]
Reports: South Korea Deploys Long-Range Missiles Near Border
Posted June 17th, 2011 at 3:00 am (UTC-5)
South Korean news outlets say the military has deployed precision-guided missiles near the North Korean border that are capable of striking Pyongyang. The military recently deployed a set of surface-to-surface missiles after North Korea threatened to launch military strikes in retaliation against the South for using images of North Korea’s ruling family as targets for […]
South Korea Rejects North Korea’s Demand to Return Defectors
Posted June 17th, 2011 at 1:15 am (UTC-5)
South Korea says it will not send back nine North Korean asylum seekers who crossed the maritime border by boat nearly one week ago, despite Pyongyang’s demand for their return. The nine North Koreans were discovered late Saturday drifting in two small boats in the Yellow Sea. South Korea’s Red Cross sent a message to […]
South Korea Sees Rising Risk of Aggression from North
Posted June 13th, 2011 at 3:00 am (UTC-5)
South Korea’s defense minister says the danger is growing that North Korea will launch a “surprise provocation” against the South. At a parliamentary session Monday, Defense Minister Kim Kwan-jin pointed to a recent barrage of strongly-worded threats from Pyongyang. Kim said the South’s military is keeping a close watch on the North’s forces and maintaining […]
North Korea Threatens to Release Recordings of Secret Talks With South
Posted June 9th, 2011 at 6:45 am (UTC-5)
North Korea is threatening to disclose recordings of a secret meeting it held with South Korea to prove Seoul called for summit talks with Pyongyang. The North’s official Korean Central News Agency says it will release the recordings if South Korea refuses to reveal what was actually discussed during the meeting last month in Beijing. […]
South Korea’s Nuclear Negotiator to Meet with Chinese Counterpart
Posted June 7th, 2011 at 10:05 pm (UTC-5)
South Korea says its top envoy to nuclear disarmament talks with North Korea will visit China this week to meet with his counterpart. South Korea’s foreign ministry announced Tuesday that Wi Sung-lac will meet Thursday with China’s representative to the six-party nuclear talks, Wu Dawei. The two are expected to discuss ways of reviving the […]
South Korea Urges North Korea to Avoid Confrontation and Conflict
Posted June 6th, 2011 at 1:10 am (UTC-5)
South Korea’s president urged North Korea Monday to take the path of peace, after a series of threats and mounting harsh rhetoric by Pyongyang. In a Memorial Day speech at the National Cemetery, President Lee Myung-bak said that in return, South Korea would patiently continue to make sincere and consistent efforts for peace on the […]
