Marunaka Holdings completes purchase of Chongryon HQ

Nov 22, 2014

Marunaka Holdings completes purchase of Chongryon HQ

Real estate developer Marunaka Holdings Co. has taken over ownership of a Tokyo property that has served as North Korea’s de facto embassy for decades after a forced auction was held to repay outstanding debts. The Tokyo District Court said Friday it has confirmed ...

Nov 21, 2014

Russia: North Korea ready for renewed nuclear talks

Russian Foreign Minister Sergei Lavrov said on Thursday North Korea was ready to resume stalled international talks on its nuclear arms program. North Korea’s ambassador to the United Nations told Reuters in Geneva last month that it was prepared to resume the six-party talks ...

Nov 19, 2014

U.N. panel blasts North Korea's human rights violations

A United Nations committee has passed a draft resolution introduced by Japan and the European Union that denounces North Korea’s human rights violations. The draft resolution seeks to refer Pyongyang’s record to the International Criminal Court — although the chances of realizing such move ...

Nov 19, 2014

South Korea puts cost of economic unification at $500 billion

South Korea’s top financial regulator said Wednesday that developing North Korea’s moribund economy in the wake of eventual reunification would cost around $500 billion. Financial Services Commission (FSC) Chairman Shin Je-Yoon told a seminar in Seoul that the estimate covered a period of 20 ...