North Korea threatens nuclear response to U.S.-South Korea military exercises

HANOI -- North Korea raised the stakes in its face-off with the United States and South Korea on Saturday, threatening to use nuclear weapons if Washington and Seoul go ahead with military exercises planned for regional waters this summer. North Korea - Asia - South Korea - United States - Government

US-SKorea exercises 'defensive': White House

The United States said Wednesday its imminent naval exercises with South Korea are "defensive" in nature and meant as a clear show of "deterrence" in the face of North Korean "aggression."

Looking Ahead, Even Healthy Banks Face Questions

The vast majority of banks that passed Europes stress tests still face the judgment of the market and longer-term questions about their business models.

North Korea threatens 'physical response' to U.S.-South Korea military exercise

HANOI -- North Korea raised the stakes in its face-off with the United States and South Korea here Friday, vowing a "physical response" if they go ahead with military exercises planned as a show of force and commitment in regional waters this summer. South Korea - United States - North Korea - Asia - Military exercise

Eastday-DPRK says prepared for both dialogue and war

The Democratic People's Republic of Korea (DPRK) said Saturday that the country is prepared for dialogue and for war in face of joint US and South Korean war games, the official news agency KCNA reported.