Business, Policy & regulation, Consumer
561 storiesAmazon'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…
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 Q3 revenue 23.8 trillion won, operating profit up 13.5% but below consensus
LG Electronics reported preliminary third-quarter revenue of 23.827 trillion won, up 8.9% from a year earlier, and operating profit of 781.8 billion won, up 13.5%. Both figures fell short of the average analyst consensus, and the shares dro…
Japan antitrust watchdog raids Asahi, Kirin, Suntory, Sapporo over beer price cartel
Japan's Fair Trade Commission began a forced investigation on Oct 7 into Asahi Beer, Kirin Beer, Suntory and Sapporo Beer on suspicion of an Antimonopoly Act violation over beer prices. The four are suspected of coordinating wholesale price…
South Korea re-designates 92 population decline regions, adding Busan Geumjeong, Dongducheon and Tongyeong
South Korea's Ministry of the Interior and Safety re-designated 92 cities, counties and districts as population decline regions on Oct. 7, up from 89 in the first designation five years ago. Busan's Geumjeong-gu, Gyeonggi's Dongducheon and …
Trump signs order allowing tax-free red-dyed diesel on highways
President Donald Trump signed an executive order on Monday temporarily allowing off-road red-dyed diesel to be used for highway driving and deferring the federal excise tax on that fuel through the end of 2026 without interest or penalties.…
AMD CEO Lisa Su to meet Samsung chip head in Seoul as memory shortage bites
AMD chief executive Lisa Su plans to meet Samsung Electronics' semiconductor business head and vice chairman Jun Young-hyun on Wednesday during a visit to South Korea, people familiar with the matter said. The meeting comes as a broad short…
South Korea culture ministry issues director-level personnel notice
South Korea's Ministry of Culture, Sports and Tourism released a personnel appointment notice on 5 October 2026, carried by Newsis, Yonhap, Seoul Economic Daily, Asia Economy, Kyunghyang Shinmun and Hankook Ilbo. Yonhap's summary described …
JR 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…
POSCO completes second Argentine lithium plant, eyes 50,000-ton output
POSCO Holdings held a completion ceremony on 6 October local time for the upstream stage of its second brine lithium plant near the Hombre Muerto salt flat in Argentina, the company said on 7 October. The plant has 23,000 tons of annual lit…
Land minister says Gangnam, Yongsan home prices have turned negative
Land, Infrastructure and Transport Minister Hong Ji-seon told a National Assembly audit on Oct 7 that home prices in Seoul's Gangnam three districts and Yongsan have turned negative, and said price growth should ease with the market stabili…
Asian Games gold row widens as parties in South Korea seek exemption review
South Korea beat Japan 1-0 on October 3 to win a fourth consecutive Asian Games men's football gold, a result that exempts most of the squad from military service. A locker-room photo of Park Seung-su in a discharge hat, captain Lee Ki-hyuk…
Trump announces $6.6bn Maryland shipyard for submarines, Anduril to run it
US President Donald Trump said on October 6 that $6.6bn will be invested in a new shipyard at Sparrows Point, Maryland, to build submarines, submarine components and unmanned underwater vehicles. Trump said the yard would build next-generat…
Ssangyong E&C wins 806.5 billion won Southern Inland Railway section 9
Ssangyong Engineering & Construction said it won the section 9 contract of the Southern Inland Railway, ordered by the Korea National Railway, with total construction costs of 806.5 billion won. The 24.6 km section runs between Goseong-eup …
Lotte Biologics signs Alvotech contract to make 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 facility for global supply. The signing ceremony was held at CPHI Milan 2026 in Milan, …
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…
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…
South Korea's Lee orders CPTPP talks restarted from the beginning amid farm concerns
President Lee Jae-myung instructed at a cabinet meeting on Oct 6 that the government should not fix a conclusion on joining the CPTPP and should “restart dialogue from the beginning,” saying the pact's strategic value is cited alongside ver…
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…