S&P 5007,706.03▼0.8% Nasdaq26,936.04▼0.7% Dow51,511.59▼1.0% Russell 2K2,838.66▼1.3% 10-Yr5.11%+15bp VIX15.18+0.31 WTI$91.79▼3.0% Gold$4,323.20▼1.2% EUR/USD1.138▼0.6% BTC$83,783▼2.8% Nikkei65,771▲1.2%
At close · Thu, Sep 24, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsTrade & TariffsSouth Korea outlines phased denuclearisation plan for…

South Korea outlines phased denuclearisation plan for North Korea

The proposal calls for Washington to ease sanctions as North Korea halts its nuclear programme, linking denuclearisation steps to changes in economic pressure.

South Korea has presented a phased approach to North Korea’s nuclear and missile programmes, framing it as a pragmatic path toward eventual denuclearisation while acknowledging that North Korea’s acceptance is uncertain, according to SCMP Economy.

In a keynote speech to the UN General Assembly on Tuesday, President Lee Jae Myung described a long-term, step-by-step sequence that begins with stopping the advancement of North Korea’s nuclear and missile capabilities, followed by a medium-term reduction.

Lee also urged the establishment of a peace protocol involving not only the two Koreas, but also the United States and China. Ahead of his trip to New York, he called for Washington to ease sanctions in return for North Korea stopping its nuclear programme, positioning sanctions relief as part of the overall negotiation approach.

]} }}]// Parse error: stray text at end.{

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.