Bloomberg A federal judge in Washington awarded $500 million in damages to the family of Otto Warmbier, an Ohio student who died after being detained in North Korea for 17 months. The wrongful death lawsuit was filed in April against the North Korean government by Warmbier’s parents, Fred and Cynthia Warmbier, accusing it of torturing their son. North Korea didn’t ...

Bloomberg Mongolia’s effort to get its citizens to pay taxes by enrolling them in a lottery is delivering a big payout — for the government. The north Asian country between Russia and China has expanded its tax base by almost half since 2016, according to government statistics, partly by printing a lottery ticket on every retail receipt when the 10 ...

China may be suffering from President Donald Trump’s trade war. A substantial number of Chinese companies are laying off staff, cutting wages and reducing capital expenditures. Prices are being slashed on goods subject to tariffs. And China’s export growth has slowed. Of course, US consumers and manufacturers will also get hurt by the tariffs. And there’s a chance that China’s ...