north korea Tag

SAN FRANCISCO (May 17): A computer virus that exploits the same vulnerability as the global “ransomware” attack has latched on to more than 200,000 computers and begun manufacturing digital currency, experts said Tuesday. The development adds to the dangers exposed by the WannaCry ransomware and provides another piece of evidence that a North Korea-linked hacking group may be behind the attacks. WannaCry, developed in part with hacking techniques that were either stolen or leaked from the U.S. National Security Agency, has infected more than 300,000 computers since Friday, locking upRead More
TOKYO (April 14): The dollar nursed losses on Friday, on track for a losing week as geopolitical tensions underpinned the perceived safe-haven Japanese currency. The dollar index, which tracks the U.S. unit against a basket of six rival currencies, steadied at 100.560, flat on the day but down 0.6 percent for the week. U.S. President Donald Trump said on Thursday that North Korea is a problem that “will be taken care of,” as China urged caution and speculation rose that Pyongyang might be on the verge of a sixth nuclearRead More
The South Korean won, Asia’s best performing currency this year, is shrugging off a buildup in tension on the peninsula. The calm may not last. Heightened geopolitical risk, domestic political strains and punitive action by China could turn investors against the won, according to Goldman Sachs Group Inc., following a run that has seen the currency gain 5.6 percent this year. Most Korean assets are coping with the pessimism. After all, political turmoil is a fairly regular feature on the Korean peninsula. What’s different this time is Monday’s missile launchesRead More