North Korea says US approval for South Korea's nuclear submarine increases regional instability
Newsquawk ·
North Korea says US approval for South Korea's nuclear submarine increases regional instability British government is said to be privately lobbying the Trump administration for an exemption should the US impose any diesel export ban, according to sources Raytheon (RTX) wins up to USD 20.7bln missile contract from US Department of Defense Nuclear-powered submarine capability for the South is a genuine capability milestone rather than a routine exercise, and episodes in which the alliance crosses a threshold of this kind have tended to draw a more substantive riposte than commentary on drills, since Pyongyang frames such moves as justification for its own programme. The actors are familiar: the North's foreign ministry and state media issue these statements as a matter of course, and their track record is that rhetoric alone has not repriced Korean assets durably, whereas missile or nuclear tests have. The transmission channel, when it materialises, runs through the won and Korean credit spreads via risk-premium rather than through any fundamental linkage. What follows worth noting is any shift in the North's testing tempo, allied defensive signalling, and whether Beijing weighs in, which in past episodes has set the tone for how far escalation runs.
DYAX Investor Sentiment
Bullish (Long) 57% · Bearish (Short) 43%
435 participants
Related News
- Iran Supreme Leader senior adviser warned that if Iran is attacked by the US again, the confrontation will expand to new fronts, according to Press TV
- Iran's Foreign Minister Araghchi says Tehran discussed proposals with Qatari mediators to present to the US, and response is to be relayed to Tehran through Qatari mediators, adds conditions set by Supreme Leader must be met to reopen Strait of Hormuz
- Syria says gas pipeline fire between Al-Shola and Deir al-Zour caused by sabotage, while efforts underway to extinguish fire and fire stopped gas supply from Jbeissa plant to power stations
- Iran Foreign Ministry Iranian delegation met with Qatar mediator on Monday afternoon at the UNGA, adds media speculation on Qatar talks is false and that there were no talks held on detailed issues with Qatari mediator
- British government is said to be privately lobbying the Trump administration for an exemption should the US impose any diesel export ban, according to sources
- South Korean Business Manufacturing Survey (Sep) 99.5 (Prev. 103.8)