South Korean President Issues Warning to North Korea

SEOUL—South Korean President Moon Jae-in on Thursday warned North Korea towards conducting any armed attack on Seoul subsequent many weeks of rising tensions that have dragged inter-Korean relations to their least expensive position in decades.

Mr. Moon’s stern remarks had been unusually strong for a president who has devoted the past 3 decades to improving relations with Pyongyang. Throughout that period of time, he engaged North Korean leader Kim Jong Un in 3 summits and in 2018 facilitated the initial summit involving a sitting U.S. president…

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Norwegian Cruise Line Issues ‘Going Concern’ Alert

Norwegian Cruise Traces indicated Tuesday it may not be capable to remain afloat, citing the consequences of the coronavirus pandemic that has shut down the international cruise sector.

The smallest of the a few major publicly traded cruise operators reported in a regulatory submitting that it has expert “substantial impacts” related to the outbreak, including the suspension of cruises and a decline in innovative bookings.

The crisis, it warned, has “raised sizeable question about the company’s means to carry on as a likely worry, as the business does not have adequate liquidity to meet up with its obligations over the upcoming twelve months, assuming no extra financing or other proactive actions.”

Norwegian also declared Tuesday it had elevated $400 million from private fairness organization L Catterton, but the funding is contingent on management raising an additional $1 billion from institutional investors.

In buying and selling Tuesday, the company’s shares sank

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