Tourism in North Korea is growing, according to research which estimates the state earned between $30-40 million from tourism in 2014.» Read More
Kim Jong-un took the reins of his poor nation 10 month ago and some aid groups say its capital has acquired more of the trappings of a functioning society, but people from this border city claim otherwise, The New York Times reports.
NEW YORK-- The Coca-Cola Co. should give investors a snapshot of the ever-shifting geographic and product mixes that are fueling growth for the world's biggest beverage maker when it reports its third quarter results Tuesday. WHY IT MATTERS: Coca-Cola sells its products in nearly every corner of the globe _ Cuba and North Korea are the exceptions.
WASHINGTON-- Republican presidential contender Mitt Romney is promising to get tough on China to help American workers, but his plans could backfire. Romney is pledging, on his first day in office, to designate China a currency manipulator, a step no administration has taken against any country for 18 years.
SEOUL, Oct 10- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets. *Global equities and the euro fell on Tuesday on concerns over the U.S. earnings outlook and a stark warning from the IMF about global growth, while oil jumped on escalating tensions in the Middle East.
SEOUL, Oct 9- North Korea has rockets that can hit the U.S. mainland, it said on Tuesday, two days after South Korea struck a deal with the United States to extend the range of its ballistic missiles.
SEOUL, Oct 9- Isolated North Korea has rockets that can hit the U.S. mainland, it said on Tuesday, two days after South Korea struck a deal with the United States to extend the range of its ballistic missiles.
*Long-sought agreement to be announced Sunday in Seoul. WASHINGTON, Oct 5- The United States and South Korea are set to announce this weekend a joint response to the perceived threat from North Korea's growing ballistic missile force, according to a State Department notice to U.S. lawmakers on Friday.
BUSAN, South Korea-- A film based on the memoir of a democracy activist who was tortured in the 1980 s by South Korea's military rulers is provoking discussion about the country's not-so-distant authoritarian past and the influence it will have on this year's presidential election.
BEIJING, Oct 3- China quietly deferred a request by North Korea for its young leader to visit last month because the Chinese leadership was preoccupied with its once-in-a-decade leadership change and a host of other distractions, two independent sources said.
Soldiers danced in Pyongyang's plazas as North Korea announced Wednesday that leader Kim Jong Un was named marshal, a title cementing his status atop the authoritarian nation's military as he makes key changes to the 1.2 million-man force.
Gillian Tett of the Financial Times says markets may be headed for another "summer curse" and she points to five reasons why.
The price of the world’s most important oil benchmark is being boosted by South Korean refiners buying on the back of a tax loophole involving North Sea oil, the Financial Times reports.
Chinese GDP disappoints and Singapore is tightening its purse strings - it's time for your Friday FX Fix.
North Korea is once again testing relations with the world, as it prepares to test-fire a long-range missile in the face of strong warnings from the United States.
"The economy has got some positives: it's got the market, it's got consumer confidence, and it's got central bankers throwing money around the world," says Jack Welch, former GE chairman & CEO, discussing stocks, the U.S. economy and the upcoming presidential election. Also, Larry Kudlow reports the UN Security Council has called an emergency session over a North Korean rocket launch.
In a move designed to shore up his standing, Kim Jong-un received the title of 'first secretary' ahead of the centennial of his grandfather's birth and an anticipated rocket launch, the Christian Science Monitor reports.
Japanese officials talk about curbing the yen's rise, but whether it's just chatter - or whether it will work - is unclear.
North Korea rattles the won and Dublin has a billion-euro house - it's time for your FX Fix.
Kristen Welker, NBC News, reports North Korea surprised the world by announcing it will halt nuclear activities in exchange for food aid. Should the U.S. trust the moratorium deal? Retired Gen. Barry McCaffrey, U.S. Army, provides perspective.
North Korea's step towards a nuclear moratorium is a positive sign, but strategists say the market response may be relatively muted until its government follows up its pledge with real action.