North Korea boasts about test-launch of new tactical ballistic missile

SEOUL, September 19 (AJP) - North Korea successfully test-fired a new tactical ballistic missile capable of carrying a large warhead, its state-run Korean Central News Agency (KCNA) reported on Thursday. According to the KCNA, the newly-tested missile, equipped with a 4.5 ton warhead,

USFK nominee warns of North Korean missile threats

SEOUL, September 19 (AJP) - North Korea's rapidly advancing nuclear and missile programs are the most urgent challenging tasks for the post to lead the U.S. Forces Korea (USFK), said a nominee during his confirmation hearing. Lieutenant General Xavier T. Brunson, who is pois

OPINION: Fed slashes rates by a half-point – what that means for economy and presidential election

SEOUL, September 19 (AJP) - In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75 percent to to 5 percent – the first time the cost of borrowing has been lowere