Chosun Ilbo

Won Falls to 7-Week Low on Fed Risk; Bond Yields at 3-Month High

The won touched a seven-week low and government bonds fell on speculation the Federal Reserve will cut debt purchases that have fueled demand for emerging-market assets. Yields climbed to the highest in more than three months.

North Korea Building Tunnel for Possible Nuclear Test, Chosun Ilbo Reports

North Korea is building a tunnel at a site where it conducted two underground nuclear tests, the Chosun Ilbo newspaper reported, citing a South Korean intelligence official it didn’t identify. North Korea may be able to conduct a nuclear test as early as March at the rate the tunnel is being built at Punggyeri in the country’s northeastern corner, the Korean-language newspaper said.

North Korea Has Uranium-Enrichment Centrifuge Plant, Chosun Ilbo Reports

North Korea is running a uranium enrichment centrifuge plant in Huichon, 57 kilometers northwest of the Yongbyon nuclear facility, the Chosun Ilbo newspaper reported, citing an unidentified former North Korean senior official who defected from the country.

North Korea Deployed Missiles on West Coast Dec. 20, Chosun Ilbo Reports

North Korea deployed more missiles on its west coast on Dec. 20, when South Korea conducted artillery drills on an island in waters along the two nation’s western sea border, the Chosun Ilbo newspaper reported, citing an unidentified government official.

North Korea May Have More Uranium Enrichment Plants, Chosun Ilbo Reports

North Korea may have three or four more plants for enriching uranium for nuclear use, including one in Pyongyang, the Chosun Ilbo newspaper reported, citing a South Korean intelligence official it didn’t identify. The U.S. and South Korea suspect North Korea of enriching uranium at locations other than a Yongbyon plant the country revealed to U.S. scientists last month, the Korean-language newspaper said.

South Korea’s New Finance Chief Hyun Seen Capping Stimulus

South Korea’s newly-named finance minister, Hyun Oh Seok, may set limits on the scale of fiscal stimulus to spur growth even as a rising won adds to drags on Asia’s fourth-largest economy.

South Korea’s Hyun Seen Capping Stimulus to Protect Fiscal Gains

South Korea’s newly-named finance minister, Hyun Oh Seok, may set limits on the scale of fiscal stimulus to spur growth even as a rising won adds to drags on Asia’s fourth-largest economy.

South Korea’s Hyun Pledges Economic Growth Measures Within Days

South Korea’s president Park Geun Hye appointed Hyun Oh Seok as finance minister, paving the way for stimulus measures within days to boost growth in Asia’s fourth-biggest economy.

Park Leads Moon in Poll as S. Korea Presidential Campaign Begins

Park Geun Hye, the South Korean ruling party’s presidential nominee, held a lead in polls over opposition challenger Moon Jae In as they prepared to launch a barrage of television ads ahead of next month’s election.

South Korea Concludes the North Sank Warship, Paper Says

South Korea has concluded that North Korea sank one of its warships in March close to their disputed border with the loss of 46 lives, Chosun Ilbo newspaper reported.

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Lee Myung Bak

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