Market meltdown - Kaesong closure a lose-lose move for Koreas - How Western Union profits from refugees
Tens of thousands of migrants on the move across Europe are an attractive market for financial service providers like Western Union. The world leader in the cash wire transfer business charges exorbitant fees.
The political decision to shut down the Kaesong Industrial Complex took many South Korean businesses there by surprise. It is unclear when - or whether - the special zone inside North Korea, once a symbol of inner-Korean cooperation, will reopen.
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