Tentatively North Korea has been ruled out as having directly sunk the boat, at least publicly. But I note that the KCNA website so far does not have any mention of the incident, not even a message of condolence which would not be farfetched if this were purely an accident.
- ROK government states North Korean not likely to have sunk Chonan, though reasons are unclear (Reuters, Xinhua, WSJ, Bloomberg)
- Search continues, but hope is fading for missing forty-six sailors (BBC, Bloomberg, CNN, UPI, AP via USA Today, Yonhap, Joongang Daily)
- Survivor denies internal explosion caused sinking, suggests outside attack on ship (Korea Herald)
- KRW drops against the dollar following naval incident (CNBC)