EghtesadOnline: Russian President Vladimir Putin again rejected U.S. calls for new sanctions against North Korea after its sixth and most powerful nuclear test, echoing China’s resistance to more punitive measures to pressure Pyongyang into abandoning its atomic and missile programs.
EghtesadOnline: U.S. President Donald Trump agreed to support billions of dollars in new weapons sales to South Korea after North Korea’s largest nuclear test, while his ambassador to the United Nations said the U.S. would seek the strongest possible sanctions against Kim Jong Un’s regime.
EghtesadOnline: Asian equities were mixed, the yen and gold extended gains, and Treasuries rallied as traders digested reports of North Korean plans for a ballistic missile launch on the heels of Sunday’s nuclear test.
EghtesadOnline: It’s hard to imagine a good time for North Korea to test a nuclear bomb, but for Chinese investors the detonation comes just as they regain confidence in the nation’s financial markets.
EghtesadOnline: Russia condemned North Korea’s test of a hydrogen bomb on Sunday, but said it was premature to discuss any new sanctions against the isolated country.
EghtesadOnline: An earthquake in North Korea on Sunday appeared related to a nuclear test, South Korea’s Yonhap News reported, citing the presidential office.
EghtesadOnline: The United Nations Security Council imposed new sanctions on North Korea on Wednesday aimed at cutting the Asian country's annual export revenue by a quarter in response to Pyongyang's fifth and largest nuclear test in September.
EghtesadOnline: The United States and China have agreed on new U.N. sanctions to impose on North Korea over the nuclear test it conducted in September, but Russia is delaying action on a draft resolution, a senior Security Council diplomat said on Wednesday.
EghtesadOnline: The U.S. and China are locked in negotiations over curbing North Korea’s energy trade in response to its fifth nuclear test last month, according to four diplomats from United Nations Security Council countries with direct knowledge of the talks.
EghtesadOnline: The planned U.S. deployment of the THAAD anti-missile system in South Korea is not negotiable as part of efforts to agree new U.N. sanctions on North Korea after its fifth nuclear test, but Washington is confident tougher steps will be agreed before long, the senior U.S. diplomat for Asia said on Friday.