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Analysis: North Korea seen looking to China, not U.S., for help in any economic transformation

June 18, 2018

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SEOUL/BEIJING (Reuters) – U.S. President Donald Trump may have promised that North Korea will become “very rich” on the back of American investment if Pyongyang ditches nuclear weapons but economists and academics who have studied the isolated country …

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After forging new ties with North Korea, Trump administration turns to Russia

June 18, 2018

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Days after a historic summit with North Korean leader Kim Jong Un … ever since he met with Putin in Vietnam in November on the sidelines of a multilateral economic summit. “After that meeting, the president said he wanted to invite Putin to the …

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North Korean film on Kim’s Singapore trip reveals new focus on economy

June 18, 2018

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SEOUL (Reuters) – North Korea has produced a film on leader Kim Jong Un’s summit meeting with President Donald Trump this week, feeding, as one would expect, a fervid cult of personality but also seemingly highlighting his dream of economic development.

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Russia, South Korea to Discuss Joint Projects With North Korea: RIA

June 18, 2018

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FILE PHOTO: Russian President Vladimir Putin and his South Korean counterpart Moon Jae-in shake hands during a meeting at the Eastern Economic Forum in Vladivostok … to discuss potential joint projects with North Korea during Moon’s visit to Moscow …

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Seoul says North Korea sanctions may be eased before full denuclearisation

June 17, 2018

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The comments come just days after China’s foreign ministry suggested that the UN Security Council could consider easing the economic punishment of its Cold War-era ally. Any reduction in tensions on its doorstep is welcome for China, North Korea’s closest …

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South Korean executives savor investments in North

June 17, 2018

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Investing in food for North Korean markets is also on the mind of one of South Korea’s major conglomerates, the Lotte Group. The business is counting on lessons learned by its more than decadelong association with the Kaesong economic zone, where the …

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Four things to know about the North Korea economy

June 12, 2018

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Portraits of late North Korean leaders Kim Il Sung, left, and Kim Jong Il on the April 25 Palace, the venue of the 7th Workers Party Congress in Pyongyang in 2016. – ED JONES/AFP/Getty Images) North Korea has long been an enigma to the outside world.

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Global stocks, dollar steady after U.S.-North Korea summit

June 12, 2018

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The spread between Italian and German 10-year borrowing costs narrowed as the U.S.-North Korea summit drew to a close, following a rally on Monday after reassuring comments from Italy’s new economy minister. The European Central Bank meets on Thursday …

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