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Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared Regulators looking at antibacterial in soap 08 Apr 2010 Kyrgyzstan mourns dead in fragile calm after uprising | Video 2:29am EDT Women tried to smuggle corpse onto plane? 06 Apr 2010 Iran will not beg to avoid sanctions: Ahmadinejad 08 Apr 2010 Special Report: How the U.S. cracked open secret vaults at UBS 1:47am EDT Women tried to smuggle corpse onto plane? 06 Apr 2010 Regulators looking at antibacterial in soap 08 Apr 2010 Iran will not beg to avoid sanctions: Ahmadinejad 08 Apr 2010 Stronger yuan may deal another blow to euro 08 Apr 2010 Workers strike over ban on drinking at work 08 Apr 2010 Pictures Editor's Choice A selection of our best photos from the past 24 hours. Slideshow North Korea parliament meets, succession in focus Jon Herskovitz SEOUL Fri Apr 9, 2010 2:41am EDT SEOUL (Reuters) - North Korea convenes an annual meeting on Friday of its rubber-stamp parliament, where the secretive state typically reveals changes to its ruling elite and may tip its hand on succession plans for it communist dynasty. World | North Korea Pyongyang is under pressure to end its boycott of nuclear disarmament talks, while tensions with its far richer southern neighbor are high after the sinking of a South Korean naval ship last month in which Seoul has said the North may have had a hand. South Korea's defense minister has said it was possible the ship was hit by a North Korean torpedo, worrying investors who fret about an increased chance of armed conflict between the rivals who station more than 1 million troops near their border. Seoul has few appealing options if the North was behind the sinking, but would not likely take an aggressive stance because it could escalate into major conflict that would harm the South's interests, Andrei Lankov, an expert on the North, said. "Such raids would scare investors away from South Korea and damage its financial rating," he wrote in an opinion piece in the International Herald Tribune. At last year's parliament session, leader Kim Jong-il made his first public appearance after he was suspected of suffering a stroke in 2008. He appeared gaunt, with thinning hair and having lost his trademark paunch.. Kim, 68, does not always attend the sessions and when he does attend, he typically does not speak. Images of him in his state's media over the past year have shown him in improved health. Kim faced a rare crisis to his iron grip on power late last year when a botched currency reform sparked almost unheard of civil unrest, angering an impoverished public by raising prices and making it even more difficult to obtain already scarce food. IN THE FAMILY Kim has yet to reveal to the public his plans for succession in the state his family has run for more than 60 years. Intelligence sources said the North's elite have been informed that he intends to anoint his youngest son, Kim Jong-un, as his heir. Analysts will be looking to see if Jong-un, 26 and educated in Switzerland, is named as a member of the assembly, which would be a major sign he has been publically moved into the ruling elite. They will also looking closely to see if there will be a purge of economic cadres because of the currency debacle. It usually takes a few days for details of the meeting to filter their way out of the secretive state. The carefully choreographed sessions usually do not touch on the North's atomic ambitions or its negotiations with the outside world to reduce the threat it poses to the economically powerful region in return for aid and better global standing. Last year, Kim was re-elected supreme military ruler and left no doubt about his second-in-command when he elevated his brother-in-law, Jang Song-taek, to a powerful military post. Analysts said Jang was expected to help ease Kim's youngest son into a leadership role and serve as buffer between him and the state's powerful military. Separately, the Japanese government said it extended its unilateral sanctions against North Korea for another year. The mostly symbolic measure bans trading and was first imposed in 2006 after North Korean missile launches and a nuclear test. (Additional reporting by Christine Kim in Seoul and Yoko Kubota in Tokyo) (Editing by Alex Richardson) World North Korea More from Reuters Fed officials again pledge low rates, slow asset sales NEW YORK (Reuters) - Federal Reserve officials again reiterated their commitment to low interest rates for "an extended period" on Thursday, given the fragile nature of the economic recovery, and suggested a reduction in the size of the central bank's balance sheet could take as long as two decades. UAL pilots attack U.S. Airways merger prospect Catholic church at crossroads in Milwaukee Drink companies seen hurt as consumers cut back Nikkei edges up 0.3 percent, Fast Retailing rises | Video Asia stocks firm near 22-month high; yen falls » More Top News If the yuan rises, look out euro The battered euro has faced its share of bumps lately, and a rising yuan could spell even more trouble. Full Article Yuan rise may hit global economy A stronger yuan is good .. and bad The dollar's new risk dynamic Yuan Felix Salmon: The great Citi tragedy Chuck Prince was smart enough to understand how messed up his incentives were and too weak to act. Tragically, we all paid for it. Full Article Ex-Citigroup CEO "deeply sorry" Blaming Prince and Rubin Banks © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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