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Business Latest: North Korea’s purge

While the execution of Kim Jong-un’s uncle is about power consolidation by a young ruler, the turmoil is as much about managing the north’s economic elite.

North Korean subway commuters gather around a public newspaper stand on the train platform in Pyongyang, North Korea on Dec. 13, 2013 to read the headlines about Jang Song Thaek, North Korean leader Kim Jong Un's uncle who was executed as a traitor.
North Korean subway commuters gather around a public newspaper stand on the train platform in Pyongyang, North Korea on Dec. 13, 2013 to read the headlines about Jang Song Thaek, North Korean leader Kim Jong Un's uncle who was executed as a traitor. AP

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