Video grab released by North Korean Television shows a three-stage white rocket, soaring away from launch site on 5 Apr 2009 from undisclosed location in North KoreaRussia is reported to have information on North Korean plans to launcha ballistic missile, but does not know the precise timing of the launch.

ARussian military source told the Interfax News Agency Wednesday that ithas certain information regarding the type and characteristics of themissile, but not when it might be launched.

The source added that Russia would be monitoring the launch, but did not say whether it would be a short or long range missile.

North Korea has launched a series of short and long-range missiles since carrying out a nuclear test on May 25.

Pyongyang's actions have triggered international condemnation and threats of new sanctions against the reclusive state.

OnTuesday, the five permanent members of the U.N. Security Council - theUnited States, Britain, France, China and Russia - met with Japanese andSouth Korean officials to negotiate a new resolution in response toPyongyang's recent nuclear test.  

Officials say they made progress in their talks Tuesday, and expect a new resolution "relatively soon."  

Measuresunder discussion reportedly include new restrictions on North Korea'strade and financial dealings with the outside world, as well as anexpanded arms embargo and tighter inspections of its ship-based cargo.

U.S. officials have indicated that Washington may also impose unilateral financial sanctions against North Korea.

ASouth Korean news report Wednesday cites an unidentified Seoul officialwho says South Korea has given the U.S. information about 10 to 20North Korean bank accounts.

The Chosun Ilbo newspaper says most of the accounts are in Chinese banks, but some are in Switzerland.

Some information for this report was provided by AFP, AP and Reuters.