Sweden’s historical business transactions with North Korea, particularly a 1974 order for 1,000 Volvo 144 models and equipment worth $73 million, continue to intrigue. North Korea has failed to pay …
US sanctions North Korean company linked to funneling money to weapons programs
The Treasury Department announced it sanctioned a North Korean company on Thursday that helped funnel money to the communist country’s weapons programs. The Korea Sobaeksu Trading Company was …
Texas foreign buyer law rattles real estate brokers, investors
Senate Bill 17, signed into law by Gov. Greg Abbott in June, bans the purchase of any kind of real estate by entities tied to China, Iran, North Korea or Russia.
Woman gets 8 years for aiding North Koreans infiltrate 300 US firms
Christina Marie Chapman, a 50-year-old woman from Arizona, was sentenced to 102 months in prison after pleading guilty to her involvement in a scheme that enabled North Korean IT workers to infiltrate …
Going mobile: N. Korean traders move business home to evade restrictions
Multiple sources inside North Korea report that merchants who once sold grain and manufactured goods at major marketplaces have moved their operations home, conducting business through mobile phones …
South Korea reviewing various options to improve North Korea ties
South Korea is studying various plans to improve relations with North Korea, a spokesperson for South Korea’s Unification Ministry said on Monday, in response to a media report that Seoul is …
North Korean defectors make debut in new K-pop boy band
A new K-pop boy band made their global debut on Friday with two members who defected from North Korea and an album that includes a song about the consequences of escaping one of the world’s most …
Arizona woman sentenced for helping North Korea coders get US crypto jobs
A US woman has been sentenced to 8.5 years in prison for assisting North Korean operatives in breaching hundreds of American crypto and tech firms, resulting in $17 million in illicit revenue.
Ultimate frontier market? Amid thaw, Chinese eye North Korea real estate
Amid thaw, Chinese eye North Korea real estate. By Yawen Chen and Sue-Lin Wong. May 2, 2018 2:16 PM UTC Updated May 2, 2018 Item 1 of 9 A city plan for the Dandong New Zone, 15 …
Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions
The call is coming from inside the house. If this happened to these big banks, to these Fortune 500, brand name, quintessential American companies, it can or is happening at your company,” said U.S.