Climate & environment, Economy, Technology
187 storiesSouth Korea's Lee chairs public report on K-GX green transition strategy
President Lee Jae-myung chaired a public report in Seoul on October 7 presenting the Korean-style Green Grand Transition (K-GX) strategy and the K-GX Signature Project private investment plan. About 80 people attended, including Deputy Prim…
Supreme Court hears Boulder climate suit as justices question both sides
The Supreme Court heard nearly two hours of arguments Monday on whether the city and county of Boulder, Colorado, can sue Exxon Mobil and Suncor Energy in state court to recover costs tied to climate change. Conservative justices questioned…
Apple and LG co-develop smart home devices including doorbell, lock and thermostat
Bloomberg reports that Apple and LG have co-developed a line of smart home devices, including a video doorbell, thermostat, smart deadbolt lock, indoor and outdoor security cameras and a floodlight camera. The products are expected to carry…
South Korea forecasts a cold, windy Oct. 6 with a 15C day-night temperature gap
South Korea's weather agency forecast a chilly, clear Oct. 6 with morning lows of about 3-14°C and a day-night temperature gap of roughly 15°C in most regions. Gangwon's inland and mountain areas were expected near or below 5°C, with winds …
Japan government weighs second supplementary budget focused on disaster response
The Japanese government is considering a second supplementary budget for fiscal 2026, limited to necessary items such as disaster response rather than an economic-stimulus package, with spending expected to be small. It would cover recovery…
Apple and LG Electronics jointly develop smart home devices under LG brand
Apple and LG Electronics are jointly developing smart home devices — a camera-equipped video doorbell, a smart door lock, a security camera and a smart temperature sensor and thermostat — to be sold under the LG brand, according to Bloomber…
Nine crested ibis released in Ishikawa in second Honshu release
Nine crested ibis were released on Oct. 7 in Nakanoto Town, Ishikawa Prefecture, the second release of the birds on Japan's main island of Honshu. A temporary cage was opened at about 11:30 a.m. under the “soft release” method; Nippon TV Ne…
Turkey's Aselsan announces Astralink network of 198 low-orbit satellites
Aselsan CEO Ahmet Akyol said at the International Astronautical Congress in Antalya that Turkey is building Astralink, a low-orbit satellite constellation of 198 spacecraft, with the first launch planned within two years. Akyol said work be…
Kumamoto University, AIST sign comprehensive semiconductor cooperation agreement
Kumamoto University and the National Institute of Advanced Industrial Science and Technology (AIST) signed a comprehensive cooperation agreement in the semiconductor field on Oct. 7. The deal covers joint research, technical support for reg…
IMF chief warns energy shock, debt and AI risks threaten global growth
IMF Managing Director Kristalina Georgieva said in a speech in Singapore on Wednesday that countries rich and poor must act faster to cut debt and regulate artificial intelligence, warning of a triple shock from the AI boom, heavy borrowing…
Russian government to write off nearly 3 bln rubles of Belgorod region debt
The Russian government will write off almost 3 billion rubles of the Belgorod region's budget debt under a federal programme to support regions, Prime Minister Mikhail Mishustin said, according to TASS, RIA Novosti, Kommersant and RBC. Komm…
China's FX reserves fall 1.11% to $3,400.3bn at end-September
China's foreign exchange reserves stood at $3,400.3 billion at the end of September 2026, down $38.1 billion, or 1.11%, from the end of August, the State Administration of Foreign Exchange said. The regulator attributed the drop to a rising…
Bank of Korea: corporate spare cash hits record 67.1trn won on chip boom
The Bank of Korea said non-financial companies' net financial surplus reached a record 67.1 trillion won in the second quarter of 2026, driven by a semiconductor-driven surge in operating profits. Households' surplus fell to 60.7 trillion w…
IMF warns global government debt set to pass 100% of world GDP
IMF Managing Director Kristalina Georgieva said global government debt is at its highest level since World War II and is likely to exceed 100% of world GDP, naming advanced economies led by the US as the worst offenders. Vedomosti reported …
Japan August real wages rise 1.5% for eighth straight month
Japan's real wages rose 1.5% in August from a year earlier, the eighth consecutive monthly increase, according to the health, labour and welfare ministry's preliminary monthly labour survey published on 7 October. Nominal total cash earning…
Japan's August coincident economic index falls 1.9 points to 118.7, first drop in six months
Japan's Cabinet Office said its preliminary coincident economic index for August came in at 118.7, down 1.9 points from July — the first decline in six months. Nikkei reported the drop was the largest since January 2024, with typhoon and Ku…
Typhoon No. 27 moves away from Japan; JMA warns of high waves off Tohoku
Typhoon No. 27 moved northeast away from Japan on October 7 and is expected to become an extratropical cyclone. The Japan Meteorological Agency warned the Pacific off Tohoku would stay rough with swells up to 4 metres through the morning of…
Panasonic plans to start making humanoid robots for factories and warehouses by 2029
Panasonic Holdings plans to begin producing humanoid robots by 2029, for use on production lines and in warehouses, the company’s AI director Akira Sakakibara said in an interview with Nikkei. Work is already under way at the company’s AI &…
Japan's foreign reserves fall for fifth month to about $1.18 trillion
Japan's foreign exchange reserves stood at about $1.18 trillion at the end of September, down $29.128 billion from the end of August and a fifth consecutive monthly decline, according to data released by Japan's Ministry of Finance on Octob…
Musk says his companies will build and run Terafab chip plant, rules out TSMC role
Elon Musk said on Oct. 7 that his companies will independently build and operate the Terafab chip manufacturing project in Texas, ruling out an operational role for TSMC. He said TSMC could lease part of the planned site or capacity if inte…