UN Security Council to hold emergency meeting after North Korean missile launch

James Marshall
May 15, 2017

North Korea has claimed that the missile it tested on Sunday was a new type of rocket capable of carrying a large nuclear warhead.

South Korea's newly elected President Moon Jae-in, who is seeking deeper engagement with the North, said it was a "reckless provocation" while China, North Korea's only real ally, is urging restraint.

But it said the North's missiles did appear to be able to leave and re-enter the atmosphere, which is crucial to developing intercontinental ballistic missiles (ICBMs), the Yonhap news agency reported.

Japanese officials said the missile flew for about 30 minutes, traveling about 800 kilometers (500 miles) and reaching an unusually high altitude of 1,240 miles.

The United Nations said Sunday it will hold closed "consultations on North Korea's latest ballistic missile test" Tuesday afternoon.

The estimated range of the North's Musudan missile is about 3,000 kilometers (1,865 miles), Wright said.

Australian shares fell 0.2 percent, while South Korea's KOSPI was little changed.

On Saturday, a top North Korean diplomat in charge of USA relations, Choe Son Hui, told reporters in Beijing that Pyongyang would be willing to meet with the Trump administration for negotiations "if the conditions are set".

Outside militaries will closely analyze what the North fired.

Asian stocks were resilient on Monday, edging up to a two-year high after shaking off threats posed by a ransomware attack that locked up more than 200,000 computers in over 150 countries, a missile test by North Korea and weak US data. A statement said that the missile was sacked from near Kusong City, in North Pyongan province, and that the South Korean and USA militaries are analyzing the details.

The North "has been a flagrant menace for far too long", it added in a statement.

The statement said Washington maintains its "ironclad commitment" to stand with its allies in the face of the serious threat posed by North Korea.

The meeting is scheduled for May 16, according to diplomatic sources.

Japanese Prime Minister Shinzo Abe told reporters that the launch was "absolutely unacceptable" and that Japan would respond resolutely. Defense Minister Tomomi Inada said North Korea might have launched a "new type of missile", given the altitude and duration of its flight.

"We do not know the extent of damage or information that was captured in the attack; it's likely we'll hear more details about it today but initial reports suggest it was caught relatively early and limited to older computers", said James Woods, global investment analyst at Rivkin.

"North Korea's latest successful missile test represents a level of performance never before seen from a North Korean missile", Washington-based monitoring project, 38 North, said in an analysis issued on Sunday.

Sunday's launch was of a "newly-developed mid/long-range strategic ballistic rocket, Hwasong-12", the official KCNA news agency said, adding that leader Kim Jong-Un "personally oversaw the test-launch of the new type of rocket".

President Donald Trump's administration has called North Korean ballistic and nuclear efforts unacceptable, but it has swung between threats of military action and offers to talk as it formulates a policy.

Other reports by Click Lancashire

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