North Korea Says 3.5m Volunteers Ready to Retaliate Against US

MSCI's broadest index of Asia Pacific shares outside Japan was down 0.2 per cent in early trading

MSCI's broadest index of Asia Pacific shares outside Japan was down 0.2 per cent in early trading

Rodong Sinmun, North Korea's official newspaper, said the volunteers had offered to join or rejoin the People's Army after the Korea Central News Agency (KCNA) issued a statement on Monday condemning new sanctions imposed by the United Nations in retaliation for North Korean missile tests.

According to the paper, about 3.47 million people, including students and retired soldiers, asked the authorities to enlist them in the military. "In Daedong County of South Pyongan Province, more than 20,000 students, party members and laborers filed enlistment or reenlistment requests", the report notes.

KCNA said on Wednesday a mass rally was held in Pyongyang to support the government.

Escalating geopolitical risks surrounding North Korea's nuclear and ballistic missile programs have caused gold prices to soar in South Korea and led to a surge in trade in the precious metal, the local exchange said Sunday. Russia, however, said that the missiles were intermediate range.

North Korea's military said Wednesday it was considering a missile attack near the USA island territory of Guam after President Donald Trump threatened Pyongyang with "fire and fury". "Hopefully Kim Jong Un will find another path!" Pyongyang has pushed back, saying it will fire four missiles near the USA territory of Guam in the Pacific. U.S. officials then told NBC that Washington has a plan for a preemptive strike on North Korean missile sites with bombers stationed in Guam, should Trump order it.

Trump went further, tweeting: "Military solutions are now fully in place, locked and loaded, should North Korea act unwisely".

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