Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on North Korea Business Times.

Putin expresses gratitude for Kim Jong-un for backing in Ukraine war
(MENAFN) Russian President Vladimir Putin has expressed gratitude to North Korean leader Kim Jong-un for backing Moscow in the Ukraine war, according to the Kremlin. During a phone call on Tuesday, Putin commended Pyongyang for its role in...

S. Korea Plans to Restore Wartime Military Control from U.S.
(MENAFN) South Korea plans to regain wartime operational control (OPCON) of its armed forces from the United States during President Lee Jae Myung’s tenure, according to a report by media on Wednesday. The Lee administration’s five-year policy...

South Korea Postpones Key U.S. Joint military Exercises
(MENAFN) South Korea will postpone nearly half of its planned joint military drills with the United States, officials announced Thursday, amid rising tensions and vocal condemnation from North Korea. The annual Ulchi Freedom Shield (UFS) exercise...

South Korea’s Military Forces Decline
(MENAFN) South Korea's armed forces have diminished to approximately 450,000 personnel, marking a 20% reduction over the past six years, according to a defence ministry report disclosed by a ruling party legislator on Sunday. Officials attribute...

Kim Jong-un Tributes Chinese War Casualties
(MENAFN) On the occasion of the Korean War armistice anniversary, North Korean leader Kim Jong-un made a ceremonial visit to the Friendship Tower in Pyongyang, pledging to remember the sacrifices made by Chinese troops. This event was reported by...

Afghanistan: Taliban arrests at least seven journalists in July
The plight of Afghan journalists under the Taliban authorities has been highlighted by the International Federation of Journalists, with reports of harassment, imprisonment and intimidation. During July, the IFJ monitored the situation for media...

South Korean Court Postpones Lee Jae Myung’s Trial
(MENAFN) A district court in South Korea deferred the trial of President Lee Jae Myung on Tuesday concerning accusations of illegal fund transfers to North Korea. This move effectively halts all five criminal cases against him that have been...

S. Korean court halts Leader trial due to accusations of illegal money transfers
(MENAFN) A district court in South Korea has temporarily suspended President Lee Jae Myung’s trial linked to accusations of illegal money transfers to North Korea, effectively putting all five of his criminal proceedings on hold following his...

S. Korea Suspends Drone Chief Amid Explosive Allegations
(MENAFN) The South Korean Ministry of Defense on Monday suspended Major General Kim Yong-dae, the head of the military's drone operations, amid explosive allegations that he facilitated drone missions into North Korean airspace, media reported....

Schumer Urges FBI to Evaluate Epstein Files’ Threat
(MENAFN) US Senate Minority Leader Chuck Schumer on Tuesday urged the FBI to carry out a counterintelligence risk evaluation regarding documents associated with convicted sex offender Jeffrey Epstein. "Whatever may be in the Epstein files is...

South Korean Court Suspends President Lee’s Legal Proceedings
(MENAFN) A South Korean district court has postponed the criminal trial of President Lee Jae Myung regarding alleged illegal funds sent to North Korea, halting all five of his active legal cases since his election last month, media reported. The...

South Korea Improves Air Defense System
(MENAFN) On Monday, South Korea announced the successful upgrade of its Cheongung-I air defense system to the more advanced Cheongung-II system, which is now capable of intercepting both ballistic missiles and aircraft, according to a local media...

S. Korea Advances Cheongung-II Missile Defense System
(MENAFN) South Korea has announced the successful enhancement of its Cheongung-I air defense system, transitioning to the more advanced Cheongung-II model, which now has the capability to intercept both aircraft and ballistic missiles, according...

South Korea, Japan Vow Stable Relations
(MENAFN) South Korea’s new Foreign Minister Cho Hyun conducted his inaugural phone discussion Thursday with Japanese Foreign Minister Iwaya Takeshi, according to a statement from the Japanese Foreign Ministry. Both officials reaffirmed their...

S. Korea’s Civilian Defense Minister Pledges Peace on Korean Peninsula
(MENAFN) South Korea appointed its first civilian defense minister in decades as Ahn Gyu-back took office Friday, committing to long-term peace on the Korean Peninsula. The 64-year-old Democratic Party lawmaker was named by President Lee Jae-myung...

Putin talks about threat to Russian sovereignty
(MENAFN) President Vladimir Putin has cautioned that Russia risks losing its sovereignty if it becomes overly dependent on oil and gas revenues while neglecting domestic manufacturing in favor of foreign imports. In an interview aired on Sunday...

Senior MP Says Iran May Abandon Key Nuclear Weapons Deal
(MENAFN) Iran may abandon a key nuclear weapons agreement and intensify its uranium enrichment program if Western European countries reintroduce severe economic sanctions, a top Iranian official warned. Ebrahim Rezaei, spokesperson for Iran’s...

Iran possibly to abandon main nuclear arms agreement
(MENAFN) Iran may withdraw from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) and intensify its uranium enrichment efforts if Western European countries reinstate tough economic sanctions, a senior Iranian lawmaker has cautioned....

Iran Warns of Possible Nuclear Escalation
(MENAFN) A senior Iranian lawmaker has issued a stark warning that Iran could pull out of a pivotal nuclear weapons treaty and intensify its uranium enrichment efforts if Western European nations choose to reintroduce stringent economic sanctions...

Energy America Affirms Full Compliance with New FEOC Rules, Strengthens U.S.-Focused Supply Chain
SAN FRANCISCO, CA, UNITED STATES, July 16, 2025 /EINPresswire.com/ -- Company’s proactive sourcing and partnerships ensure zero reliance on Foreign Entities of Concern, positioning Energy America as a secure, U.S.-driven leader in solar energy...