Obama meets S.Korean president, says DPRK gains nothing from threats

The United States and South Korea vowed on Tuesday to keep up their guard and not reward bad behavior by Pyongyang, which US President Barack Obama said had won no benefits or prestige from recent war threats.

DPRK account closed by Bank of China: report

Bank of China has closed the account of the main foreign exchange bank of the Democratic People's Republic of Korea (DPRK), which was hit with US sanctions in March after Washington accused it of helping finance Pyongyang's nuclear weapons program.