North Korea test-fired a missile in the morning of April 16, right before the U.S. Vice President Mike Pence set foot in South Korea. The No. 2 figure in the Trump administration made a three-day visit to South Korea in the afternoon of the day.
North Korea's latest missile provocation, following the display of three new intercontinental ballistic missiles on April 15, the birthday of the state founder Kim Il-sung, can be interpreted as its desire to show off the strength of the regime, as well as to find out the real intention of the United States and China.
The South Korean Joint Chiefs of Staff announced on the day that North Korea fired an unidentified type of missile from Shinpo but the launch appears to have failed. Five days ago, North Korea had fired a ballistic missile from the same location which flew about 60 kilometers and dropped to the East Sea.
Some security experts said that North Korea's missile provocation is an attempt to show off its military strength against the United States, indicating that it would continue to develop missiles as scheduled no matter what pressure the United States would mount.
The Public Officials Benefit Association (POBA) will select two global private credit managers to invest around $200 million in mezzanine debt via separately managed accounts (SMAs). POBA will allocate $100 million to each of two SMAs through two domestic investment&hellip
The Government Employees Pension Service (GEPS) will allocate $20 million to US dollar-denominated structured notes based on South Korean credit default swaps (CDS) and three-month US dollar LIBOR. It received proposals for the investment mandate by the afternoon of June 26.&hellip
Korea Investment Corporation (KIC) will open its third overseas office in Singapore as early as August in its push for alternative investments in Asia, according to a local newspaper report. The opening of a foreign office will come six years&hellip