Finance & markets, Climate & environment, Consumer · 3 days
189 storiesNikkei average recovers 70,000 level for first time in about three months
Tokyo's Nikkei average rose above 70,000 during trading on 5 October, the first time in about three months, as buying concentrated on semiconductor and AI-related shares. Nikkei reported the morning close at 70,037.61, up 1,728.15 points or…
Amazon's October Prime Big Deal Days sale draws deal coverage from tech and business outlets
Amazon's October sale event, called Prime Big Deal Days or October Prime Day, was live as of October 6, 2026, with outlets publishing lists of discounted electronics, headphones, phones, tablets and games. The Verge said the event runs thro…
Nasdaq closes at record high as AI stocks rally despite rising Treasury yields
US stocks rose on October 5 local time, with the Nasdaq Composite closing at a record high as technology and AI-related shares gained despite rising Treasury yields. Yonhap reported the Dow rose 0.18% to 51,267.90 and the S&P 500 gained 0.6…
KOSPI opens down 1.11% at 6,864.25; KOSDAQ falls 0.27%
South Korea’s KOSPI opened 77.14 points, or 1.11%, lower at 6,864.25 on 7 October, while the KOSDAQ opened down 2.47 points, or 0.27%, at 917.45. The benchmark index rebounded to 6,944.83 by 09:25 as individual investors bought, then fell b…
Nippon Ham to cut Schauessen pack weight by 10g, keeping price unchanged
Nippon Ham said it will reduce the contents of its flagship “Schauessen” sausages from 117 grams to 107 grams per pack for deliveries from October 1, leaving the reference retail price of 702 yen including tax for two bundles unchanged — an…
Spot silver tops $62/oz intraday, up 2.73%; New York futures also gain
Spot silver extended gains through Oct. 5, rising 2% to $61.56/oz and later breaking above $62/oz for a 2.73% intraday gain, according to CLS and Yicai. New York silver futures were up more than 1% intraday at $61.04/oz earlier in the day, …
Kospi slips below 7,000 after holiday open; Kosdaq gains about 2%
South Korea's Kospi opened at 7,044.67 on Oct. 6, up 40.93 points (0.58%), the first session after the Gaecheonjeol holiday, and the Kosdaq opened at 902.16, up 8.87 points (0.99%). The Kospi gave back the gain within minutes and was at 6,9…
KB Kookmin Card, MoonPay and Finger sign digital asset payment partnership
KB Kookmin Card said it signed a partnership with global digital asset payment infrastructure company MoonPay and fintech firm Finger to cooperate on digital asset and stablecoin-based payment services, with a joint concept proof planned. T…
Bank of Korea appoints Choi Young-ju deputy governor, taps Yoon Kyung-su for research
The Bank of Korea appointed Choi Young-ju, head of its Financial Markets Bureau, as deputy governor in charge of international and financial cooperation, filling a post that had been vacant, the bank said on October 7. Her term runs from Oc…
China's central bank raises gold reserves for 23rd straight month
China's gold reserves stood at 77.47 million ounces, or about 2,409.59 tonnes, at the end of September, up 740,000 ounces (about 23.02 tonnes) from 76.73 million ounces (about 2,386.57 tonnes) a month earlier, according to figures carried b…
Hong Kong stocks close higher as Hang Seng rises 0.28%, tech index gains 0.62%
Hong Kong's Hang Seng Index fell 0.08% at the midday break on Oct 5 while the Hang Seng Tech Index rose 0.27%, figures reported by 36Kr, CLS and Jiemian showed. By the close, 36Kr reported the Hang Seng Index up 0.28% and the tech gauge up …
Samsung Securities to launch second issuance-note tranche on Oct 12 at 4.3%
Samsung Securities said it will begin selling a second special tranche of issuance notes from Oct 12, a one-year product at 4.3% a year before tax with a 100 billion won limit. The first tranche, launched Sept 21, sold out in two and a half…
Nvidia sets second straight record close; Korean AI supply chain shares rally
Nvidia closed 2.1% higher at $238.90 on October 5 in New York, a second consecutive record close, lifting its market capitalisation to about $5.76 trillion and putting the first $6 trillion valuation within reach. Korean outlets also report…
Hong Kong stocks open marginally lower; Hang Seng slips 0.04%
Hong Kong's Hang Seng Index opened 0.04% lower on 5 October 2026, while the Hang Seng Tech Index fell 0.47%. Yicai and Jiemian both reported that Meituan dropped more than 1% at the open, and 36Kr said home-appliance and software-services s…
S&P 500 closes above 7,800 for first time; Nasdaq also at record
New York's three main indices closed higher on Oct 6, with the S&P 500 ending above 7,800 for the first time at 7,818.93 and the Nasdaq Composite at a record 27,599.79. Korean outlets attributed the gains to third-quarter earnings expectati…
US stocks close higher; Nasdaq sets record close with 1.05% gain
On Oct 5 local time, the three main US stock indices closed higher, with the Nasdaq up 1.05% to a record close, the Dow up 0.18% and the S&P 500 up 0.67%. Large technology shares rose broadly, and cryptocurrencies, oil and gas and pharmaceu…
Yen weakens in Tokyo to 158-yen range as US long-term yields rise
The yen traded weaker against the dollar in Tokyo on Oct. 5, quoted at 158.09–11 around 1 p.m., 52 sen weaker than the previous week's close, Sankei Shimbun reported. Sankei attributed the dollar buying to higher US long-term yields and cit…
Hong Kong stocks open higher; Hang Seng up 1%, Alibaba gains about 2.9%
Hong Kong shares opened higher on 6 October, with the Hang Seng Index up 1% and the Hang Seng Tech Index up 1.02%, according to CLS, Yicai and 36Kr. Alibaba rose about 2.9% at the open, while Baidu and Meituan gained nearly 2%, 36Kr reporte…
China forecast: clear, dry weather in east; heavy rain in Hainan
China's National Meteorological Center forecasts mainly clear and dry weather across most of central and eastern China from October 7 to 9, with afternoon relative humidity below 30% in many places. Hainan is expected to see widespread rain…
Single Seoul apartment unit draws 68,663 applicants on near-1-billion-won gap
One 84㎡ unit at the 강변역 센트럴 아이파크 complex in Guui-dong, Gwangjin-gu, Seoul drew 68,663 applications when it was offered on Oct 6, Newsis and Seoul Economic Daily reported, both citing the Korea Real Estate Board's Cheongyak Home portal. The …