Feb 8, 2017

China halts construction at major Lotte project amid THAAD tension

South Korea’s Lotte Group said Chinese authorities have halted construction at a multibillion dollar real estate project in the northeastern city of Shenyang after a fire inspection. South Korean media have described a string of inspections at Lotte’s Chinese ventures as retaliation over the ...

How much is a dollar worth in North Korea?

Feb 6, 2017

How much is a dollar worth in North Korea?

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To get a feel for how North Korea’s economy works, go buy a roll of toilet paper. Or start up a mobile phone network. As capitalist-style markets have grown more important in North Korea, so has a market-friendly exchange rate for the much-coveted U.S. ...

Seoul says North Korea has fired its security chief

Feb 3, 2017

Seoul says North Korea has fired its security chief

North Korea fired its state security minister last month, presumably over corruption, abuse of power and torture committed by his agency, according to rival South Korea’s government on Friday. Jeong Joon-hee, spokesman for the Unification Ministry, said the sacking of Kim Won Hong, who ...