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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters North Korea's Kim moves to anoint youngest son as heir Tue Jun 2, 2009 2:34am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Jon Herskovitz SEOUL (Reuters) - North Korean leader Kim Jong-il has signaled the anointment of his youngest son as heir to the ruling family dynasty as the two Koreas bolstered their militaries along a disputed sea border on Tuesday. The North was also readying to test-fire a mid-range missile, the South's Yonhap news agency reported a lawmaker as saying after a defense briefing. The South Korean lawmaker, who was not identified, said the launch was being prepared from a base in the southeastern part of the country. He offered no further details. North Korea has hundreds of mid-range missiles. They have an estimated range of 1,000 to 1,400 km (625 to 875 miles) and can hit all of South Korea and most of Japan. News of the missile launch preparations rattled financial markets in Seoul. Shares gave up earlier gains and briefly turned negative. By 0518 GMT, the Korea Composite Stock Price Index (KOSPI) was up 0.36 percent at 1,420.19 points. North Korea raised regional tensions last week with a nuclear test and by firing a barrage of short-range missiles. Pyongyang has turned increasing belligerent since its internationally condemned nuclear test, actions analysts believe Kim Jong-il is using to give him greater leverage over power elites at home to nominate his own successor. It has raised alarm in the region over how far iron ruler Kim, 67 and thought to have suffered a stroke last year, may be prepared to take his latest military grandstanding. North Korea has asked the country's main bodies and its overseas missions to pledge loyalty to Kim's youngest son Kim Jong-un, various South Korean media outlets quoted informed sources as saying. "I was notified by the South Korean government of such moves and the loyalty pledges," Park Jie-won, a member of the opposition Democratic Party, said in a statement. He declined to name his source but Yonhap said Park was among a group of lawmakers briefed on Monday night by the country's spy agency about the succession plans. Kim Jong-un, born either in 1983 or early 1984, was educated in Switzerland and intelligence sources have said he appears to be the most capable of Kim's three known sons. Even by North Korea's opaque standards, very little is known about the son, whose youth is a potential problem in a society that adheres closely to the importance of seniority. "There is a significant link between North Korea's recent military provocations and succession issues," said Lee Dong-bok, an expert on the North's negotiating tactics. STOCKPILED AMMUNITION South Korea's Chosun Ilbo quoted a military source as saying the North had stepped up its military training, stockpiled ammunition and imposed a no-sail order off its west coast waters to prepare for a possible fight with the South. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Pakistani army rescues kidnapped students Afghanistan and Pakistan Fighting the Taliban A growing insurgency in Afghanistan is also spreading deep into Pakistan, making both countries crucial to U.S. war efforts in the region. Full Coverage More International News Ocean search for Air France jet with 228 aboard continues | Video Pakistani army rescues kidnapped students | Video Economy Ahmadinejad's big election test Netanyahu defies Obama call for settlement freeze Leftist Funes takes over as El Salvador's president More International News... Related News FACTBOX: North Korea's missile arsenal 2:34am EDT North Korea readying mid-range missile launch: report 1:31am EDT North Korea's Kim seen extending dynasty 01 Jun 2009 China anger with North Korea echoes in the press 12:49am EDT Featured Broker sponsored link Editor's Choice Slideshow A selection of our best photos from the past 24 hours. 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