Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

North Korea said it never supplied weapons to Russia and not planned to

North Korea said it never supplied weapons to Russia and not planned to

Following the US reports that Moscow was turning to Pyongyang to replenish stockpiles North Korea replied that it has never sold weapons to Russia and has not planned to do so in the future.

US officials said earlier that Russia could purchase artillery shells and rockets from North Korea. The alleged purchase of Iranian weapons and such move of Russia showed that Western sanctions were impeding its efforts in the Ukraine invasion. Any arms movement between North Korea and Russia would violate United Nations sanctions.

In a statement carried out by KCNA, a North Korean state media, an unnamed official at North Korea's defense ministry accused the US, and other "hostile forces", of spreading rumors to pursue its base military and political aims. However, John Kirby, National Security Council spokesman said that the purchases had not been done yet and there was no evidence to say the weapons would be used in the Ukraine war.

Despite using advanced weapons such as cruise missiles Russia-Ukraine war has proven costly for the Russian military. Western weapons used by Ukrainian forces have funneled into the country in recent months and inflicted heavy losses. In July, North Korea recognized two Russian-backed separatist regions in Ukraine for which Ukraine cut off all diplomatic ties with the country. Moreover, the Russian president also vowed to expand their constructive and comprehensive bilateral relations in his letter to Kin Jong-un.


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...