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.
Korea Scientists and Engineers Mutual-aid Association (SEMA) will commit about 20 billion won ($18 million) to a fund of Morgan Stanley Energy Partners (MSEP) for co-investment in a US water management firm, according to a local media report. The $4.2&hellip
South Korea’s National Pension Service (NPS), Public Officials Benefit Association (POBA) and Hyundai Marine & Fire Insurance Co. Ltd. are likely to commit $380 million to a blind-pool real estate fund which private equity firm Rockpoint Group is launching to&hellip
(Corrected: New overseas alternative head Young-shin Chung was not promoted from the position of domestic alternative investment head, but moved to the new position. First paragraph was corrected in that regard.) The Korea Teachers’ Pension on April 24 named its domestic&hellip