North Korea Financial News

Kim Jong Un oversaw the launch of plans for a new beachside tourist resort, state media said on Tuesday, a «first big step» in a potentially wider border reopening.

Donald Trump takes office as U.S. president, AP reported.

Kim Jong Un held a key policy-setting meeting of the country's ruling party last week ahead of the new year, state media KCNA reported on Sunday.

Squid Game" season 2 has been released on Netflix. Viewers have been searching for the next «Squid Game» ever since the meteoric 2021 debut of the series, a bloody Korean tale of dystopian class warfare whose first season is the most-watched series in Netflix history.

Vertex Global Services on Tuesday announced its plan to hire 4,000 language experts from India's Tier II and Tier III cities in next 3 to 5 years to enhance customer experience. Currently, around 60 per cent of graduates in India are seeking better job opportunities by moving from tier-II and tier-III cities to tier-I cities, Vertex Global Services said in a statement.

Subscribe to enjoy similar stories. North Korea and Russia are deepening their military cooperation, as Pyongyang ramps up the supply of arms to Moscow for the war in Ukraine and receives much needed cash and oil from the Kremlin in return. Recent satellite images show that North Korea is shipping more munitions to Russia and is expanding arms production at home to churn out the weapons Moscow needs to feed its voracious war machine.

Subscribe to enjoy similar stories. A dozen companies including state-run Bharat Heavy Electricals Ltd (Bhel) and the Indian entity of Korean automaker Kia Motors will be excluded from the production-linked incentive (PLI) scheme for automobiles and auto components, two people aware of the matter said, since these companies have made no investments under the scheme since it was launched in 2021. Some of these companies including Kia India Pvt.

Squid Game season 1 left you wanting more, then you are in better luck. Netflix's most-watched series of all time is set to return for its long-awaited second season, with Player 456 back for revenge. There is another round of lethal games in store as Netflix announced the show's return for a Season 2. It was not at all a surprise as Squid Game Season 1 became 'Netflix's biggest series launch ever' with over 111 million viewers. Streaming later this month, the Korean thriller centres around a deadly survival game in which hundreds of players compete for the chance to win a 456 billion won cash prize.

The European Union has imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine

Kursk border region. The North Korean casualties occurred around three villages in Kursk, where Russia has for four months been trying to quash a Ukrainian incursion, the agency, known by its acronym GUR, said in a public post on the Telegram messaging app. At least three North Korean servicemen went missing around another Kursk village, GUR said.

NATO Secretary General Mark Rutte criticised China's stance towards Taiwan and said that «China is bullying Taiwan, and pursuing access to critical infrastructure in ways that could cripple societies.» The remarks by Rutte came while delivering a speech at Carnegie Europe think tank in Brussels on Thursday. He said, «We need to be clear-eyed about China's ambitions. China is substantially building up its forces, including its nuclear weapons — with no transparency and no limitations. From 200 warheads in 2020, China is expected to have more than 1,000 nuclear weapons by 2030. Its space-launch investments are skyrocketing. China is bullying Taiwan, and pursuing access to our critical infrastructure in ways that could cripple our societies»

Subscribe to enjoy similar stories. SEOUL—South Korea’s legislature impeached President Yoon Suk Yeol over his decision to briefly institute martial law, kick-starting a monthslong process to potentially select a new leader following one of the nation’s most tumultuous chapters in recent years. Needing a two-thirds majority, lawmakers voted 204 to 85 to impeach Yoon, who will immediately be stripped of his presidential powers.

Fourteen North Korean nationals have been indicted in a scheme using information technology workers with false identities to contract with U.S. companies, workers who then allegedly funneled their wages to North Korea for development of ballistic missi...

U.S. Defense Secretary Lloyd Austin has met with officials in Japan to reaffirm the importance of their alliance and Washington's commitment to regional security as threats rise from China and North Korea

Subscribe to enjoy similar stories. POLTAVA, Ukraine—A team of soldiers sat inside a nondescript red bus with their eyes glued to a bank of screens blinking with yellow dots. The shapes represented Russian drones, missiles and planes cutting into Ukrainian skies.

Yoon Suk-yeol survived an impeachment motion over the weekend for his move, which plunged the country into its worst political crisis in about four decades. The show's return comes just days after South Korean President triggered a national crisis by briefly declaring martial law, until he was forced into a dramatic reversal by determined lawmakers. Yoon remains in office having survived an impeachment bid, with his party accused of staging a «second coup» to cling on to power. ALSO READ: Song Jae Rim death: South Korean actor's last Instagram post sparks concern among fan

Shares are mostly lower in Asia, with South Korea's benchmark down 2.3%, after U.S. stocks rose to records on Friday

Spring Onion Revolt. South Korean President Yoon Suk-Yeol’s crisis crystallised after a recent supermarket appearance where he said the price of 875 won for a bunch of spring onions was reasonable. Koreans noted this was a just temporary discount at that supermarket spurred by subsidies. The real market price was between 3,000 and 4,000 won. Yoon appeared out of touch and duplicitous. Protestors waved spring onions, their long green leaves a vivid rebuke to the president. His party lost its parliamentary majority, precipitating a political confrontation in which the president declared martial law on December 3. Six hours later, massive protests and a parliamentary vote forced Yoon into a humiliating reversal. The vegetables most associated with Korean cuisine are cabbages, used for their iconic fermented kimchi, or medicinal plants like ginseng and mugwort. But spring onions are valued too, their mild pungency and green freshness putting them in both herb and vegetable categories. They are fermented into pa-kimchi and fried in pajeon pancakes.

President Yoon Suk Yeol declared martial law, citing threats from North Korea and accusing the National Assembly of obstructing government functions. This marked the first such declaration since 1980. Though rescinded within six hours, the move shocked the nation and drew widespread condemnation, both domestically and internationally. The streets surrounding the National Assembly in Seoul became the epicentre of dissent, with an estimated 150,000 protesters demanding Yoon’s impeachment. Banners with messages like «Impeach Yoon» and «Insurrection Criminal» were held high, while chants of «South Korea is a democratic republic» reverberated through the crowd. The protests, which included families with young children and groups singing protest songs, carried a festival-like atmosphere but turned sombre as parliament debated Yoon’s political fate. Protester Jo Ah-gyeong, a 30-year-old Seoul resident, expressed resolve: “I’m neither discouraged nor disappointed because we’ll get it eventually. I’ll keep coming here until we do.”