A former Goldman Sachs Vice President pleaded guilty on Wednesday to insider trading, after prosecutors alleged that he made over $130,000 in illegal profits. From 2015 through 2017, Woojae “Steve” Jung used his access to material non-public information on Goldman clients’ potential parties to mergers, acquisitions and corproate restructurings to trade through an account established […]
U.S. and South Korea Again Call Off a Major Military Exercise…
The United States and South Korea are scrapping another major military exercise this year, a Pentagon official said Friday, citing a push for diplomatic progress with North Korea. The top Pentagon spokeswoman, Dana W. White, said Washington and Seoul are suspending an air exercise known as Vigilant Ace “to give the diplomatic process every opportunity […]
Kim Asks for 2nd Summit With Trump, Promises Swift Surrender of Nuclear Arsenal…
Even though North Korea has reneged on similar promises in the past, Kim Jong Un’s promise to allow international observers into the isolated country to monitor the dismantling of the North’s Yongbyon nuclear reactor and several missile-launching sites has apparently persuaded the US to restart negotiations to drop sanctions against the regime after they stalled […]
Pyongyang Agrees to Start Denuclearization Process…
Kim Jong Un Lavishes 2 Tons of Prized Mushrooms On S. Korea As Peace Token…
Kim Jong Un Sets Denuclearization of North Korea by End of Trump’s First Term…
North Korea’s Kim Jong Un has given his first time line for denuclearization, aiming for the end of U.S. President Donald Trump’s first term, Seoul officials said on Thursday, prompting thanks from Trump who said they would “get it done together”. Kim and South Korean President Moon Jae-in will meet in Pyongyang on Sept. 18-20 […]
Here’s Why Mattis Won’t Cancel Upcoming Maneuvers With South Korean Forces…
Just days after a planned high-level summit between the U.S. and North Korea was called off, the Pentagon’s top official said Tuesday that no decision has been made to cancel major joint military exercises between the U.S. and South Korea planned for 2019. Secretary of Defense Jim Mattis told reporters that there are “no plans, […]
North Koreans Frustrated by Delay to End-of-War Declaration…
U.S., South Korea Suspend Upcoming War Games…
South Korea and the United States suspended war games that had been slated for August, following through with President Donald Trump’s promise to do so during nuclear negotiations with the North. The allies said Tuesday that they had halted “all planning for this August’s defensive ‘war game,’” which is known as Ulchi Freedom Guardian, an […]
S. Korea, DPRK Agree to Completely Restore Military Communication Lines Following Talks…
South Korea and the Democratic People’s Republic of Korea (DPRK) agreed Thursday to completely restore military communication lines along the eastern and western areas after holding general-grade talks, Seoul’s defense ministry said. General-level military officers from the two sides held talks on military affairs, the first of its kind in over 10 years, at Tongilgak, […]
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