Featured North Korea

US seizes North Korean cargo ship for violating sanctions

AP — The Trump administration has seized a North Korean cargo ship used to supply coal to the isolated nation in violation of international sanctions, law enforcement officials said Thursday. The seizure of the vessel, detained last month in Indonesia, comes at a delicate moment between the two countries. It… Read More

U.S. judge orders Chinese banks to hand over North Korea records

A U.S district judge has ordered three Chinese banks to comply with U.S. investigators’ demands that they hand over records connected to the alleged movement of tens of millions of dollars in violation of international sanctions on North Korea. In a heavily redacted court opinion released by the U.S. Justice… Read More

U.S. senators offer North Korea sanctions bill, backed by Warmbier parents

Two U.S. senators sought to dial up pressure on North Korea on Tuesday by reintroducing a bill to impose sanctions on any bank that does business with its government, with the endorsement of the parents of Otto Warmbier, a U.S. college student who died after being imprisoned by Pyongyang. Republican… Read More
28th February 2019
AP — Talks between President Donald Trump and North Korea’s Kim Jong Un collapsed Thursday after the two sides failed to bridge a standoff over U.S. sanctions, a dispiriting end to high-stakes meetings meant to disarm a global nuclear threat. Trump blamed the breakdown on North Korea’s insistence that… Read More
20th February 2019
AP — President Donald Trump said Tuesday that he wants to see North Korea eventually give up its nuclear weapons program, but adds he’s not in any rush because U.S. relations with Pyongyang are good going into next week’s summit. “I have no pressing time schedule,” Trump said. Trump said… Read More
2nd January 2019
North Korean leader Kim Jong Un said on Tuesday he is ready to meet U.S. President Donald Trump again anytime to achieve their common goal of denuclearizing the Korean Peninsula, but warned he may have to take an alternative path if U.S. sanctions and pressure against the country continued. In… Read More
31st December 2018
The personal information of nearly 1,000 North Koreans who defected to South Korea has been leaked after unknown hackers got access to a resettlement agency’s database, the South Korean Unification Ministry said on Friday. The ministry said it discovered last week that the names, birth dates and addresses of 997… Read More
21st December 2018
AP — North Korea said Thursday it will never unilaterally give up its nuclear weapons unless the United States first removes what Pyongyang called a nuclear threat. The surprisingly blunt statement jars with Seoul’s rosier presentation of the North Korean position and could rattle the fragile… Read More
15th November 2018
AP — For North Korean factory managers, a visit by leader Kim Jong Un is the highest of honors and quite possibly the most stressful event imaginable. The chief engineer at the Songdowon General Foodstuffs Factory had looked forward to the visit for nearly a decade. Read More
7th November 2018
The Financial Markets Supervisory Authority (Finma) has urged firms to update their policies in line with new information issued by global anti-money laundering body the Financial Action Task Force (FATF). New documents published include FATF’s Public Statement urging members to apply a number of counter measures to countries with ‘serious… Read More
26th October 2018
AP — The United States imposed sanctions Thursday on the Singapore-based director of a commodities company accused of laundering money for North Korea through the U.S. financial system. The Department of Justice also unsealed criminal charges against the person, Tan Wee Beng, accusing him of “a… Read More
5th October 2018
AP — North Korea’s nuclear and missile tests have stopped, but its hacking operations to gather intelligence and raise funds for the sanction-strapped government in Pyongyang may be gathering steam. U.S. security firm FireEye raised the alarm Wednesday over a North Korean group that it says… Read More
24th September 2018
AP — Top U.S. diplomat Mike Pompeo said Sunday that economic sanctions on North Korea won’t be reduced until it completes “denuclearization” after leader Kim Jong Un offered to close the North’s main nuclear site in exchange for U.S. concessions. Kim said last week at a… Read More