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Focus on Headline 12/14/2023
1. President Yoon Suk Yeol on Wednesday ended his four-day state visit to the Netherlands, which focused on ensuring a stable supply chain of key materials and expanding bilateral semiconductor industry cooperation.
2. The ruling People Power Party said Thursday that the party will transition to an emergency leadership committee system, following the resignation of party leader Kim Gi-hyeon.
3. The U.S. Federal Reserve on Wednesday held its benchmark lending rate steady between 5.25 and 5.50 percent for a third consecutive time after a two-day Federal Open Market Committee meeting. The central bank also hinted at cutting the rate by a quarter percentage point three times next year.
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By Arirang Radio1. President Yoon Suk Yeol on Wednesday ended his four-day state visit to the Netherlands, which focused on ensuring a stable supply chain of key materials and expanding bilateral semiconductor industry cooperation.
2. The ruling People Power Party said Thursday that the party will transition to an emergency leadership committee system, following the resignation of party leader Kim Gi-hyeon.
3. The U.S. Federal Reserve on Wednesday held its benchmark lending rate steady between 5.25 and 5.50 percent for a third consecutive time after a two-day Federal Open Market Committee meeting. The central bank also hinted at cutting the rate by a quarter percentage point three times next year.
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