Tourism in North Korea is growing, according to research which estimates the state earned between $30-40 million from tourism in 2014.» Read More
North Korea has turned to Twitter and YouTube to step up its propaganda struggle with South Korea and the US as the isolated state comes under growing international pressure since the sinking of a southern warship. The FT reports.
China’s premier Wen Jiabao said during a visit to Seoul on Friday that China would not protect whoever sank a South Korean warship in March, offering South Korea some encouragement that Beijing might not block moves to punish North Korea at the United Nations Security Council for killing 46 sailors.
Stocks erased most of their earlier losses in the final half-hour of trading Tuesday as materials and consumer discretionary stocks advanced.
Stocks are getting battered across-the-board yet again today, with all of the major U.S. stock indices down 2 percent as of this writing. The Dow is down over 1300 points, or 12 percent, from its recent April 23rd high.
Stock index futures pointed to a sharp decline Tuesday, while European and Asian shares dived as well, amid ongoing sovereign debt concerns and new worries about tensions between North and South Korea.
North Korea's government revalued the country's currency but restricted severely the amount of old bills that can be changed for the new ones, wiping out personal savings, the Washington Post reported Wednesday.
While the government battles over a health care plan, many companies are taking matters into their own hands.
The United States will continue working for a nuclear-free Korean peninsula regardless of reports that North Korea launched missiles on Monday, Secretary of State Hillary Clinton said.
North Korea has shut down its largest wholesale market because of its apparent concern that big markets spread capitalist influence, a South Korean monitoring group said Monday.
North Korea, whose relations with South Korea have turned increasingly bitter, said on Monday it had agreed to reopen its border to its neighbor and allow tourism and family reunions to resume.
The big foreign policy news overnight is that the other Clinton (Bill) had foreign policy success for the Obama administration. After meeting with the supreme leader Kim Jong-Il, our former President brought home the two reporters who were being held in North Korea.
Italy has blocked the nearly euro13-million ($18-million) sale of two luxury yachts believed to have been bound for the impoverished nation of North Korea in violation of international sanctions, authorities said Thursday.
With joblessness rising, President Barack Obama said Thursday he was "deeply concerned" about unemployment and conceded that too many families are worried about "whether they will be next" to suffer economically.
The leaders of South Korea and the United States told North Korea to drop its atomic ambitions and stop threatening the region while media reports on Wednesday said Pyongyang was moving ahead with plans to launch a long-range missile.
Global stocks rallied Wednesday after cautious trading the previous day as North Korea reportedly test-fired missiles, increasing the threat of political risk. Experts tell CNBC how they are investing during turbulent times.
North Korea's launch of a multi-stage rocket Sunday, which flew over Japan before splashing down in the Pacific Ocean, was effectively a test of a ballistic missile designed to carry a warhead as far as the U.S. state of Alaska.
Ahead of the Bank of England's interest rate decision Thursday, where the central bank is widely expected to cut rates by 50 basis points, experts tell CNBC to expect another round of rate cuts worldwide.
President Bush said Thursday he will lift key trade sanctions against North Korea and remove it from the U.S. terrorism blacklist, a remarkable turnaround in policy toward the communist regime he once branded as part of an "axis of evil."
North Korea is widely expected to hand China a long-delayed account of its shadowy nuclear activities on Thursday, a key step that could see it removed from Washington's list of terrorist states as well as win it diplomatic recognition and desperately needed fuel.
CNBC's Becky Quick traveled exclusively with Warren Buffett on a whirlwind tour of China and South Korea. All this morning on Squawk Box, she is reporting in-depth on the trip and what it tells us about Buffett's investment philosophy. In this report, Becky shows us the highlights from Buffett's news conferences during his Asian trip. In this report, Becky shows us the highlights from Buffett's news conferences during his Asian trip. Among the topics: the benefits of value investing, repackaging toads in hopes of turning them into princes, Google's prospects, and the possibility of investing in North Korea.