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Pennies Vanish from Circulation, Leaving U.S. Shoppers Shortchanged

The United States is seeing a shortage of 1-cent coins after President Donald Trump halted penny production earlier this year due to high minting...
Korea

North Korea sending soldiers to Russia as construction workers, report says

North Korea’s 7th General Bureau of the Korean People’s Army (KPA) has officially begun recruiting active-duty soldiers to be deployed to Russian construction sites,...
Korea

North Korean market prices double in a year amid rising exchange rates

As of early January, most commodity prices in North Korean markets have roughly doubled compared to the same period last year, while the North...
Korea

North Korean currency plunges to one-fourth of its value amid rising public discontent

The value of North Korea’s currency has plummeted to a quarter of its value at the start of the year, according to a report...
Korea

North Korean currency value plummets while food prices soar, deepening economic crisis

The North Korean won to U.S. dollar exchange rate has surged to record levels, further exacerbating the economic hardship faced by citizens as food...
Business

Stocks close lower amid worsening Korea-China relations ahead of FOMC

Stocks finished lower Monday on foreign selling, as investors remain keen on the Federal Open Market Committee's (FOMC) rate-setting meeting this week. The won...
Korea

Yellen and Korean leaders agree to stabilize currency market

U.S. Treasury Secretary Janet Yellen met with the president, the finance minister, and the governor of the central bank during her two-day visit to...
Business

Won renews 13-year low against the dollar on Friday

The won renewed a 13-year low against the dollar on Friday, punching through the 1,320-won mark.   It reached as low as 1,326.10 won, down more...

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