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The Globe and Mail

North Korea deploys missile as standoff continues

As the tension continues to simmer on the Korean peninsula, the effects can be seen both in military posturing and in economic fallout

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North Koreans work on a field in the village of Gijungdong in this picture taken from a South Korean military observation post near the truce village of Panmunjom in the demilitarized zone separating the two Koreas in Paju, north of Seoul, April 4, 2013 in this picture provided by Yonhap. Russia said on Thursday that North Korea's disregard for U.N. restrictions was unacceptable and that its decision to pursue a nuclear programme radically limited the chances of resuming stalled six-party nuclear talks.

YONHAP/REUTERS

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Soldiers of the U.S. Army 23rd chemical battalion check their gear after a demonstration of their equipment during a ceremony to recognize the battalion's official return to the 2nd Infantry Division based in South Korea at Camp Stanley in Uijeongbu, north of Seoul, Thursday, April 4, 2013.

Lee Jin-man/AP

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Soldiers of the U.S. Army 23rd chemical battalion, wearing anti-chemical suits, watch a bomb disposal robot during a demonstration of their equipment at a ceremony to recognize the battalion's official return to the 2nd Infantry Division based in South Korea at Camp Stanley in Uijeongbu, north of Seoul, Thursday, April 4, 2013.

Lee Jin-man/AP

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Soldiers of the U.S. Army 23rd chemical battalion carry a U.S. and South Koream flag during a ceremony to recognize the battalion's official return to the 2nd Infantry Division based in South Korea at Camp Stanley in Uijeongbu, north of Seoul, Thursday, April 4, 2013.

Lee Jin-man/AP

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South Korean soldiers place a camouflage net over their military vehicle during a military exercise near the border village of Panmunjom in Paju, north of Seoul, South Korea, Thursday, April 4, 2013.

Lee Jin-man/AP

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South Korean soldiers of an artillery unit move to conduct military training near the demilitarized zone separating the two Koreas in Paju, north of Seoul April 4, 2013.

LEE JAE-WON/REUTERS

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A soldier of a South Korean artillery unit keeps watch as the unit moves to conduct military training near the demilitarized zone separating the two Koreas in Paju, north of Seoul April 4, 2013. South Korea is to buy Taurus bunker-busting air-to-ground long range missiles for its F-15K strike fighters in a move to boost its strike power amid rising tensions with North Korea, its defence minister told a parliamentary committee on Thursday.

LEE JAE-WON/REUTERS

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A South Korean man, waiting to head to the North Korean city of Kaesong, watches a news program airing file footage of a North Korean rocket displayed during a military parade at the customs, immigration and quarantine office in Paju, South Korea, near the border village of Panmunjom, Thursday, April 4, 2013.

Ahn Young-joon/AP

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South Korean drivers exchange their licence plates authorized by North Korea, to South Korean ones after returning from the North Korean city of Kaesong, at the customs, immigration and quarantine office in Paju, South Korea, near the border village of Panmunjom, Thursday, April 4, 2013. North Korea on Wednesday barred South Korean workers from entering a jointly run factory park just over the heavily armed border in the North, officials in Seoul said, a day after Pyongyang announced it would restart its long-shuttered plutonium reactor and increase production of nuclear weapons material.

Ahn Young-joon/AP

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Currency dealers work as screens show South Korea's main stock market index, KOSPI (L), and the exchange rate between U.S. dollar and South Korean won at a dealing room of a bank in Seoul April 4, 2013. Unable to decide if Pyongyang's military threats are real or mere rhetoric, some fund managers and other investors exposed to South Korean stocks and bonds are buying financial protection in the form of cheap options and credit insurance.

LEE JAE-WON/REUTERS

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Currency dealers watch screens at a dealing room of a bank in Seoul April 4, 2013.

LEE JAE-WON/REUTERS

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A South Korean security guard keeps watch as South Korean trucks wait to enter the Kaesong Industrial Complex (KIC) in North Korea at the South's Customs, Immigration and Quarantine (CIQ), just south of the demilitarised zone separating the two Koreas, in Paju, north of Seoul, April 4, 2013. North Korea barred entry to a joint industrial complex it shares with the South for a second day on Thursday, Seoul's Unification Ministry said, and demanded extended notice of when hundreds of South Korean workers planned to leave. The state's KCNA news agency again threatened complete closure of the zone, a lucrative money-spinner for impoverished Pyongyang, if South Korea kept up what the agency termed its insults against the North's government.

KIM HONG-JI/REUTERS

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A North Korean soldier, left, and a South Korean soldier keep watch at the truce village of Panmunjom, in the demilitarized zone separating the two Koreas in Paju, north of Seoul April 4, 2013 in this picture provided by Yonhap.

YONHAP/REUTERS

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South Korean soldiers keep watch facing the North Korean side at the truce village of Panmunjom, in the demilitarized zone separating the two Koreas in Paju, north of Seoul in this April 4, 2013 picture provided by Yonhap.

YONHAP/REUTERS

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A North Korean soldier watches the South Korean side at the truce village of Panmunjom in the demilitarized zone separating the two Koreas in Paju, north of Seoul April 4, 2013 in this picture provided by Yonhap.

YONHAP/REUTERS

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North Korean soldiers patrol at a border gate leading to the inter-Korean Kaesong industrial complex, in this picture taken from a military observation post near the truce village of Panmunjom, in the demilitarized zone separating the two Koreas in Paju, north of Seoul, April 4, 2013.

YONHAP/REUTERS

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A North Korean soldier keeps watch at a guard post near the inter-Korean Kaesong industrial complex in this picture taken from a South Korean military observation post near the truce village of Panmunjom in the demilitarized zone separating the two Koreas in Paju, north of Seoul April 4, 2013.

YONHAP/REUTERS

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