North Korean leader Kim Jong-un called for an end to confrontation between the two Koreas, technically still at war in the absence of a peace treaty to end their 1950-53 conflict, in a surprise New Year speech broadcast on state media.
The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining Washington's grip on the job and leaving developing countries frustrated with the selection process.
Kim, a physician and anth
North Korean leader Kim Jong-il, revered at home by a propaganda machine that turned him into a demi-god and vilified in the West as a temperamental tyrant with a nuclear arsenal, has died, North Korean state television reported on Monday.
Brent crude futures fell below $103 on Monday, as the prospect of rising tension on the Korean peninsula following the death of North Korean leader Kim Jong-il pushed the US dollar higher.
Kim died on a train trip, state television report
By elevating the energetic and urbane Jang, 63, to the North's seat of power called the National Defence Commission, North Korean leader Kim,67, has set him up as a kingmaker, analysts said.
Kim was re-elected to his leadership post at par
South Korea's president arrived in Pyongyang to the cheers of North Koreans and the handhsake of leader Kim Jong-il for a summit aimed at ending a half century of animosity born in the Cold War.
North Koreans dressed in their finest clothe