Business, International
474 storiesJR East to start teppay code payment in Mobile Suica on Oct 20, raising limit to ¥300,000
JR East said teppay, a code payment service added to the Mobile Suica app, will start on Oct 20 from 11:00, allowing purchases above Suica e-money's ¥20,000 ceiling and transfers of balance between users. Identity verification with a My Num…
Paramount Skydance completes $110bn Warner Bros. Discovery takeover
Paramount Skydance said on October 6 that it has completed its acquisition of Warner Bros. Discovery in a deal valued at about $110 billion (roughly ¥17 trillion). The combined company will be named Skydance and will hold two Hollywood film…
US Secretary of State Rubio visits Iceland to discuss Arctic security and trade
US Secretary of State Marco Rubio visited Iceland on 5 October and met Icelandic government officials in Reykjavik to discuss economic and security cooperation. Rubio said he came to advance shared priorities including a safe Arctic, strong…
Alteogen raises 200 billion won from state growth fund, SkyLake
Alteogen said on Oct. 6 that it will raise 200 billion won from the National Growth Fund and the private equity firm SkyLake. Maeil Business reported the company will issue 100 billion won of five-year convertible preferred shares and 100 b…
Gwangju Chamber of Commerce Recruits 4 Interns for Full-Time Conversion
The Gwangju Chamber of Commerce and Industry is recruiting four interns who can become full-time employees after a five-month evaluation period. Applications are open until October 27, and the selection process includes document screening, …
Trump says he told South Korea it must pay a price for lower tariffs
US President Donald Trump said on Oct 6 that he told South Korea it must pay a price to have tariffs lowered, and that South Korea recently provided $150 billion, all of it going to shipbuilding. Korean outlets link the remarks to MASGA, th…
Reports say US, China discuss mutual visits to nuclear facilities
US and Chinese officials have reportedly begun informal talks about mutual visits to nuclear facilities, according to CNN, as cited by Sankei Shimbun. The reported aim is to build confidence amid concern over China's rapid nuclear expansion…
Shinsegae invests $1bn in Warner Bros. deal as Paramount completes takeover
Shinsegae Group said its unit Shinsegae Property will invest $1bn (about 1.4 trillion won) in the takeover of Warner Bros. led by Paramount Skydance, alongside David Ellison and US investment firm RedBird. Paramount completed the acquisitio…
Paramount closes Warner Bros. Discovery takeover, creating Skydance
Paramount Skydance closed its acquisition of Warner Bros. Discovery on Tuesday, creating a company named Skydance led by CEO David Ellison and co-CEO Ynon Kreiz. The merged company brings CNN, CBS News, HBO Max and Paramount+ under one roof…
LG Electronics signs 5GW AI data center cooling supply deal in North America
LG Electronics said its US subsidiary signed a long-term supply agreement with North American infrastructure platform company AIR Control Concept to provide chillers and other cooling solutions for a total of 5GW of AI data centers. The com…
Ukraine criticizes South Korea over reported diesel shipments to Russia
Ukraine's presidential office sanctions adviser, Vladyslav Vlasiuk, publicly criticized South Korea over a Guardian report that seven tankers carried more than 176,000 tonnes of petroleum products, mostly diesel, from South Korean ports to …
Lotte Department Store foreigner sales top 1 trillion won, first in industry
Lotte Department Store said its cumulative foreigner sales this year passed 1 trillion won on the morning of Oct 6, the first time a Korean department store has reached that level in a year. The company said it had already surpassed last ye…
Paramount completes acquisition of Warner Bros. Discovery, reports say
Paramount has completed its acquisition of Warner Bros. Discovery, according to reports cited by Chinese business outlets CLS and Yicai. The deal followed a months-long contest in which Ellison submitted nine bids and beat rival Netflix, an…
Trump repeats Alaska LNG charge threat as Vance says Korea details unresolved
US President Donald Trump said on 2 October that if South Korea does not invest in the Alaska LNG project, Washington can charge it more, and Seoul should be told the amount will double if it does not agree soon. Korean outlets reported tha…
Trump says US still working on Ukraine settlement, end is approaching
US President Donald Trump said Washington is continuing work on settling the Russia-Ukraine conflict and that a conclusion “really is approaching”, speaking at an event in the state of Maryland. TASS reported he acknowledged he had expected…
Trump says a phone call with Putin is planned “very soon”
US President Donald Trump said a telephone call with Russian President Vladimir Putin is planned and will take place “very soon”. Trump gave no date or agenda. Russian outlets carried the announcement without reporting any Kremlin comment o…
Lotte Biologics signs Alvotech contract to produce antibody biosimilars in New York
Lotte Biologics said it signed a production contract with Alvotech to manufacture multiple antibody biosimilar drug substances at its Syracuse, New York plant for supply to the global market. The signing ceremony was held at CPHI Milan 2026…
Celltrion launches Omlyclo in U.S., first omalizumab biosimilar, listed on Optum formulary
Celltrion said it launched Omlyclo, its omalizumab biosimilar, in the United States on Oct. 5 local time, the first such biosimilar on that market. The product carries a wholesale price about 15% below the original and is listed as a prefer…
Emmy Awards to leave broadcast TV for Amazon's Prime Video in 2027
The Emmy Awards will move to Amazon's Prime Video under a six-year deal announced Tuesday, ending a broadcast run dating to 1955 and the annual rotation among ABC, CBS, Fox and NBC. The ceremony will stream free, with no Prime Video subscri…
Burger King ends Yoo Hae-jin ad campaign amid “Assassin(s)” dispute and boycott calls
Burger King ended its advertising campaign featuring actor Yoo Hae-jin for the autumn menu item Truffle Mushroom Whopper, about two weeks after the product's Sept 16 launch, as online calls to boycott products he advertises spread amid the …