North Korea has raised its capsized destroyer and begun repairs ahead of a June party congress, with the warship playing a key role in Kim Jong Un’s military modernization efforts amid growing ties ...

North Korea has successfully refloated a new destroyer that capsized upon launch last month, with state media reporting the ...

Switzerland's Federal Council Friday submitted new capital requirements for mega-banks like UBS in the wake of the Credit ...

The original launch failure of the destroyer was an embarrassment for leader Kim Jong Un, who oversaw the incident.

The state-run Korean Central News Agency ( KCNA) reported that the vessel will be moved to a dry dock at a different shipyard ...

North Korea’s plan to modernize its Navy had an embarrassing setback late last month, when a new warship capsized during its launch. To get the vessel floating again, engineers toiling under the do-or ...

North Korea has launched a warship two weeks after it was damaged during an earlier launch attempt, in an incident that drew ...

The failed launch of the 5,000-tonne destroyer had drawn harsh criticism from the countrys leader Kim Jong Un.

North Korea righted a capsized 5,000-ton warship and moored it at a pier in the Chongjin Shipyard state-run media reported, ...

North Korea says it righted a capsized destroyer and moored it at a pier in the northeastern port of Chongjin as it continues ...

North Korea has launched a warship that was damaged in May upon its attempted first launch, state media KCNA reported on Friday.