North Korea Holds off on Guam Attack but Warns US Against Reckless Actions
SEOUL/WASHINGTON  North Korea's leader has delayed a decision on firing missiles towards Guam while he watches U.S. actions a little longer, the North's state media said on Tuesday, as South Korea's president said Seoul would seek to prevent war by all means. Signs of easings in tension on the Korean peninsula helped stock markets rally for a second day running even as the United States and South Korea prepared for more joint military drills and experts warned North Korea could still proceed with its provocative plan. In his first public appearance in about two weeks, North Korean leader Kim Jong Un inspected the command of the North's army on Monday, examining a plan to fire four missiles to land near the U.S. Pacific territory of Guam, the official KCNA said in a report. "He said that if the Yankees persist in their extremely dangerous reckless actions on the Korean peninsula and in its vicinity, testing the self-restraint of the DPRK, the latter will make an important decision as it already declared," the report said. The DPRK stands for North Korea's official name, the Democratic People's Republic of Korea. In photos released with the KCNA report, Kim was seen holding a baton and pointing at a map showing a flight path for the missiles appearing to start from North Korea's east coast, flying over Japan towards Guam. North Korea has often threatened to attack the United States and its bases and released similar photos in the past but never followed through. Pyongyang's plans to fire missiles near Guam prompted a surge in tensions in the region last week, with U.S. President Donald Trump saying the U.S. military was "locked and loaded" if North Korea acted unwisely. South Korean President Moon Jae-in said on Tuesday there would be no military action without Seoul's consent and his government would prevent war by all means. "Military action on the Korean peninsula can only be decided by South Korea and no one else can decide to take military action without the consent of South Korea," Moon said in a speech to commemorate the anniversary of the nation's liberation from Japanese military rule in 1945. "The government, putting everything on the line, will block war by all means," Moon said. The Liberation day holiday, a rare one celebrated by both North and South, will be followed next week by joint U.S.-South Korean military drills sure to anger Pyongyang. China, North Korea's main ally and trading partner, has repeatedly urged Pyongyang to halt its weapons programme and South Korea and the United States to stop military drills to lower tensions. The state-run Global Times said on Tuesday that Seoul should play a buffer between the United States and North Korea to prevent a head-on confrontation. "The drill will definitely provoke Pyongyang more, and Pyongyang is expected to make a more radical response," the paper said in an editorial. "If South Korea really wants no war on the Korean Peninsula, it should try to stop this military exercise.", Asian shares rose for a second day on Tuesday and the dollar firmed after Kim's comments further eased tensions and prompted investors to move back into riskier assets after a sharp selloff last week. Kim Dong-yub, a professor and a military expert at Kyungnam University's Institute of Far Eastern Studies in Seoul urged caution in assuming North Korea was bluffing with its missile threats. "There is no stepping back for North Korea. Those who don't know the North very well fall into this trap every time thinking they are easing threats but we've seen this before.", The United States and South Korea remain technically still at war with North Korea after the 1950-53 Korean conflict ended with a truce, not a peace treaty. U.S. officials have in recent days played down the risk of an imminent conflict while stressing their preparedness to respond militarily to any attack from North Korea. Defense Secretary Jim Mattis said on Monday the U.S. military would know the trajectory of a missile fired from North Korea within moments and would "take it out" if it looked like it would hit the U.S. Pacific territory. "The bottom line is, we will defend the country from an attack for us U.S. military that is war," Mattis said. On Guam, home to a U.S. air base, a Navy installation, a Coast Guard group and roughly 6,000 U.S. military personnel, residents expressed some relief at the lessening of tensions. "I'm reading between the lines that I don't see an imminent threat," Guam Lieutenant Governor Ray Tenorio told a media briefing in the island's capital of Hagatna. Japanese Prime Minister Shinzo Abe praised a commitment by Trump that the United States would stand with its allies in the region to counter threats from North Korea. In a telephone call on Tuesday, Abe also agree with Trump that their top priority regarding North Korea was to do what they could to halt missile launches by the regime. Japan, which would be under the flight path of any missile fired towards Guam, will be seeking further reassurance from Washington in meetings between Japan's defence chief and foreign minister and their U.S. counterparts on Thursday. "The strategic environment is becoming harsher and we need to discuss how we will respond to that," a Japanese foreign ministry official said in a briefing in Tokyo. "We will look for the U.S. to reaffirm it defence commitment, including the nuclear deterrent," he added.