In a significant move to bolster its rare disease portfolio, Neurocrine Biosciences Inc. (NBIX) has announced the acquisition of Soleno Therapeutics (SLNO). The deal, announced on April 6, 2026, is valued at approximately $2.9 billion, with Neurocrine paying $53 per share to acquire the company according to reports from Maeil Business Newspaper. The acquisition is … Read more
The United States Federal Reserve (the Fed) held steady on interest rates this week, maintaining the federal funds rate in a target range of 3.50% to 3.75%. This decision comes after a series of aggressive rate hikes aimed at curbing inflation, and signals a potential shift towards a more cautious approach as economic conditions evolve. … Read more
Tensions in the Persian Gulf are escalating following increasingly assertive rhetoric from Iranian officials regarding potential attacks on strategic islands. The warnings come amid heightened regional instability and growing concerns over the potential for wider conflict. Mohammad Bagher Ghalibaf, Speaker of the Iranian Parliament, has issued a stark warning that any attack on Iranian islands … Read more
South Korean M&A Market Braces for Disruption as Labor Law Changes Take Effect Seoul – A new era has begun for mergers and acquisitions (M&A) in South Korea, as the revised Labor Union and Labor Relations Adjustment Act – often referred to as the “Yellow Envelope Law” – came into full effect this week. The … Read more
National Pension Fund: Considering Overseas Funding Sources
(Alternative, slightly shorter):
NPS to Explore Direct Overseas Funding
National Pension Fund Considers Overseas Bond Issuance to Curb Currency Volatility Seoul – South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is exploring the possibility of issuing bonds denominated in foreign currencies to finance its growing overseas investments, a move prompted by concerns that large-scale dollar purchases to fund these investments are … Read more
The escalating global threat of highly pathogenic avian influenza (HPAI) is driving unprecedented investment and innovation in detection and prevention technologies. A key component of this response is the rapidly expanding role of artificial intelligence (AI), offering the potential for earlier outbreak identification, faster response times and improved accuracy in monitoring the spread of the … Read more
South Korea’s Money Supply Sees Significant Increase, Fueling Investment Speculation Seoul, South Korea – South Korea’s money supply experienced a substantial surge in February, increasing by 27.7 trillion won (approximately $21.4 billion USD), according to reports from Chosun.com. This increase, a continuation of a trend observed in December with a 23.4 trillion won rise, is … Read more
GOLD COAST, Australia – The Iranian women’s national football team concluded its participation in the 2026 Women’s Asian Cup on Sunday, March 8th, with a 2-0 loss to the Philippines. The defeat leaves the team facing a return to Iran, a nation currently grappling with the aftermath of recent military strikes by the United States … Read more
Seoul, South Korea – South Korean regulators and lawmakers are nearing a compromise on legislation governing the country’s burgeoning cryptocurrency market, specifically addressing the ownership structure of digital asset exchanges. After months of debate, the Financial Services Commission (FSC) and the ruling Democratic Party have reportedly agreed to cap major shareholders’ stakes in crypto exchanges … Read more
The escalating conflict in Iran is having a dramatic impact on global shipping, with reports emerging that vessels in the Persian Gulf are attempting to disguise themselves as Chinese ships to avoid potential attacks. This comes as tensions remain high following recent strikes and warnings surrounding the critical Strait of Hormuz, a waterway vital for … Read more