North Korea said it would sever diplomatic relations with Malaysia after a court there ruled that a North Korean man could be extradited to the United States to face money laundering charges, state media KCNA reported on Friday.

North Korea's foreign affairs ministry also warned Washington would "pay a price", in a statement carried by KCNA.

On March 9, Malaysia's top court ruled that a North Korean man, Mun Chol Myong, could be extradited to the United States to face money laundering charges, according to media reports...