Chosun Central Bank branches in every region of North Korea began exchanging all 5000 KPW bills on August 1, 2014. The North Korean authorities have..
It’s time for “Direct Analysis” where we take a look
at a hot topic in the news. The North Korean authorities have designated six
more economic development zones, bringin..
Today, the North Korean authorities began
to replace all 5000 KPW bills in the country with a new note. The move does not
represent a currency redenomination of the sort..
Last Wednesday, North
Korea's state media reported that the Supreme People’s Assembly had declared
six more economic development zones in the country. The new zones are pla..
beginning of this year, President Park Geun Hye spoke of how unification would
be like “winning the jackpot.” This was reaffirmed on March 28th when she
A number of Japanese TV broadcasters have
stopped allowing four individuals critical of the North Korean regime to appear
on television, Daily NK has learned. The steps..
On the 29th,
North Korea launched an additional two short-range ballistic missiles into the
East Sea, following on from the launch of three projectiles on the 26th. ..
North Korea marked the
64th anniversary of the outbreak of the Korean
War yesterday with a large rally in Pyongyang, and by maintaining its stance
that the war was c..
Xi Jinping is to visit South Korea next Thursday and Friday (July 3rd-4th)
for a summit with President Park Geun Hye, according to reports.
The number of
Americans detained in North Korea rose to three last week, as Pyongyang announced that it is holding yet another a U.S. citizen, Jeffrey Edward