Stock Groups

N.Korea launches were test of new railway-borne missile system -KCNA By Reuters


© Reuters. The footage was captured by a television broadcaster. It showed North Korea shooting what seemed to be two missiles at its east coast. REUTERS/Kim Hong-Ji

By Josh Smith

SEOUL (Reuters) – The missiles fired by North Korea on Wednesday were a test of a new “railway-borne missile system”, state news agency KCNA reported on Thursday.

KCNA reported that the missiles flew for 800 km (or 497 miles) and struck a target at sea near North Korea’s eastern coast.

The launch was announced by South Korean authorities and Japanese authorities on Wednesday. It came just days after North Korea tested a missile capable of carrying nuclear weapons.

According to the KCNA, this test was carried out by a railroad-borne missile regiment.

According to KCNA, Pak Jong Chon was a North Korean Marshal who is also a member the Presidium the Politburo ruling Workers’ Party. He oversaw the testing.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are provided by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.