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Home » Archives for January 5, 2024 » Page 6

January 5, 2024

U.S. officials, experts pick N.K.-triggered crisis among plausible top-tier contingencies in 2024

January 5, 2024

U.S. officials and experts have singled out a possible North Korea-triggered security crisis as one of top-tier contingencies deemed plausible this year, a U.S. think tank report showed Thursday, as Pyongyang has ratcheted up tensions through hardene…

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Seoul shares open lower amid dampened hopes for Fed’s early rate cuts

January 5, 2024

Seoul shares opened lower Friday, after strong jobs data dampened hopes for an early interest rate cut by the Federal Reserve this year.

The benchmark Korea Composite Stock Price Index fell 2.65 points, or 0.10 percent, to 2,584.37 in the first 15 m…

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N. Korea rebuilds destroyed guard posts inside DMZ with concrete

January 5, 2024

North Korea appears to have rebuilt some of its destroyed guard posts inside the Demilitarized Zone (DMZ) separating the two Koreas with concrete structures, a military source said Friday.

Last November, the North began rebuilding the guard posts wi…

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U.K. daily adds S. Korean name for sea area in naming row with Japan after Seoul request

January 5, 2024

A British daily has added the term “East Sea” on a map of South Korea in its recent travel article that had only labeled a sea area by its Japanese name, after the South Korean government requested both names be in the picture.

The London-based new…

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LG Chem signs deal to sell rights to anti-obesity drug to U.S. firm

January 5, 2024

LG Chem, Ltd., South Korea’s leading chemical company, said Friday it has signed a deal to sell the global licensing rights for an anti-obesity drug candidate named LB54640 to a U.S. pharmaceutical firm for up to US$305 million.

Under the deal with …

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