There are many mysterious aspects to the late leader’s death.
North Korea will shift to collective rule from a strongman dictatorship after last week's death of Kim Jong-il, although his untested young son Kim Jong-un will be at the head of the ruling coterie.
North Korea's new young leader will have to share power with an uncle and the military after the death of his father Kim Jong-il as the isolated country shifts to collective rule from strongman dictatorship, a source with close ties to Pyongyang and Beijing told Reuters.
The $8-billion, multi-year contract provides a big boost to Lockheed, while Japan seeks to replace its aging fleet of Boeing F-4 jets.
The body of Kim Jong-il was put on display for party officials in Pyongyang, North Korea on Tuesday.
European shares and the euro rose on Tuesday on surprisingly good news about the German economy and a better-than-expected outcome at a Spanish treasury bill auction, but concerns about the euro zone debt crisis limited gains.
European shares and the euro rose on Tuesday on unexpectedly good news about the German economy's prospects, but concerns about problems policymakers are having in tackling the euro zone debt crisis limited gains.
The secrecy shrouding the death of Kim Jong-il doesn't seem to surprise many, given the adamantly reclusive politics played by this cult leader of North Korea. However, the troubled Asian nation, has achieved what is considered almost impossible under the watchful eyes of neighboring South Korea and the U.S. Until the North Korean Central News Agency decided to announce the death of Kim, the South Korean and U.S. intelligence officials had absolutely no clue that something rather critical was...
Asian stocks and the euro edged up on Tuesday, but sentiment remained fragile on concerns that efforts to contain the euro zone debt crisis were faltering and tougher rules to strengthen banks' capital would further undermine their profits.
Japan has picked Lockheed Martin's F-35 as its next mainstay fighter, Defense Minister Yasuo Ichikawa said on Tuesday.
Leaders of the Korean American community in New York, and especially its massive enclave in the Northeast Queens neighborhoods Flushing and Bayside, say Korean Americans have a unique perspective on Kim Jong Il's passing.
The death of Kim Jong-il, North Korean leader, would not immediately affect South Korea's A rating, Standard & Poor's Ratings Services said Monday. However, the event has raised security risks on the Korean peninsula and could have negative rating implications if these risks increase.
North Koreans poured into the streets on Monday to mourn the death of leader Kim Jong-il and state media hailed his untested son as the Great Successor of the reclusive state whose atomic weapons ambitions are a major threat to the region.
Russia lost an ally in the death of Kim Jong-il on Saturday and gained an uncertain friend in his son, Kim Jong-un.
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 Monday.
On Monday, two countries mourned for their deceased leaders; and while North Korea's Kim Jong-il and Czech Republic's Václav Havel were very different men, they are akin in their larger-than-life personae.
The death of North Korean leader Kim Jong-il from a heart attack over the weekend has prompted an avalanche of reaction from around the globe.
Kim Jong Il, like Muammar Gaddafi , has died at age 69 after decades of tyrannical rule. But as North Korea scrambles to determine the country's future, many more dictators remain in power. From Arab Spring autocrats in Syria and Sudan to the leaders of Ethiopia and Uganda, here are the eight worst dictators still in power today.
North Koreans poured into the streets on Monday to mourn the death of iron leader Kim Jong-il as state media hailed his untested son as the Great Successor of the reclusive state whose atomic weapons ambitions are a major threat to the region.
Japan's Nikkei share average fell to a three-week low on Monday, hurt by news that North Korean leader Kim Jong-il had died and as worries over Europe's debt crisis increased after Fitch Ratings warned of possible downgrades for seven European nations.
North Korea test-fired a short-range missile on its eastern coast on Monday, the day its leader Kim Jong-il's death was announced, South Korean media reported.
European stocks and the euro were under pressure on Monday in the wake of a fresh rating agency warning on the euro zone debt crisis, while news of the death of North Korean leader Kim Jong-il sparked fears of regional instability in Asia.
