North Korea Is Reported to Conduct a Nuclear Test
SEOUL, May 25 (Reuters) - North Korea conducted a nuclear test on Monday, South Korea's Yonhap news agency quoted a ruling party official as saying.
YTN Television quoted the South Korean weather agency as saying it detected a tremor indicating a test at 0054 GMT.
South Korean President Lee Myung-bak had called an emergency meeting of cabinet ministers over the test, Yonhap said.
North Korea had recently said it would again test a nuclear device -- its first was in October 2006 -- in reaction to tightened international sanctions after it fired a long-range rocket in April.
News of the test hit South Korean financial markets, sending the main KOSPI share index down four percent in late morning trade, while the won dropped more than 1 percent against the dollar.
China will not be very pleased and I am interested at what they have to say about this latest piece of news. North Korea could start a new war to unite north and south Korea and having a strong nucleur threat could be a worry to all north Korea's neighbors. Including the Philippines where I live. But of course that would take time and maybe USA and China will deter such event by political guile?