KCNA: N.Korean leader Kim Jong Un oversees test of new tactical guided weapon – Reuters

Anil Panchal FXStreet

Early Thursday, Reuters came out with a report citing North Korean media, Korean Central News Agency (KCNA), saying that the North Korean leader Kim Jong Un oversaw the testing of a new type of tactical guided weapon on Wednesday.

The news report didn’t flash much light on the type of weapon but assumed to be a short range weapon based on the word “tactical”.

It further said that the KCNA mentions the missile having "peculiar mode of guiding flight" and "a powerful warhead."

It should also be noted that this becomes the first public test of a weapon from North Korea after the Trump-Kim meet in Hanoi failed during February.

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Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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