Advertisement
Singapore markets close in 2 hours 48 minutes
  • Straits Times Index

    3,284.27
    -3.48 (-0.11%)
     
  • Nikkei

    37,956.31
    +327.83 (+0.87%)
     
  • Hang Seng

    17,733.18
    +448.64 (+2.60%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,487.85
    +207.42 (+0.32%)
     
  • CMC Crypto 200

    1,392.39
    -4.14 (-0.30%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,350.50
    +8.00 (+0.34%)
     
  • Crude Oil

    84.03
    +0.46 (+0.55%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,573.86
    +4.61 (+0.29%)
     
  • Jakarta Composite Index

    7,115.99
    -39.31 (-0.55%)
     
  • PSE Index

    6,590.66
    +15.78 (+0.24%)
     

North Korea's Kim meets senior officials to address economy - KCNA

North Korea's leader Kim Jong Un attends first short course for chief secretaries of the city and county Party committees in Pyongyang

SEOUL (Reuters) - North Korean leader Kim Jong Un convened a meeting of senior officials of the Workers' Party to evaluate and improve the economy in the second half of the year, state media KCNA reported on Tuesday.

Kim is seeking a greater role in government to lift up an economy battered by international sanctions aimed at stopping its nuclear programme, and strict border closures to ward off the coronavirus.

North Korea has not officially confirmed any COVID-19 cases, although Seoul officials have said an outbreak there cannot be ruled out as the North had trade and people-to-people exchanges with China before closing its border early last year.

In April Kim had urged ruling party officials to wage another "Arduous March" of work and sacrifice, linking the current economic crises to a period in the 1990s of famine and disaster.

ADVERTISEMENT

The meeting on Monday with senior officials was a precursor to the plenary meeting of the ruling party's Central Committee later in June, according to KCNA. Kim released a plan to bring about "a tangible change in stabilizing the state economic work and people's living," KCNA said.

(Reporting by Sangmi Cha in Seoul; editing by Grant McCool)