Consumer, Business, Science
357 storiesSouth Korea says 157 ticket scalpers arrested under stricter anti-scalping law
Culture Minister Choi Hwi-young told a cabinet meeting that 157 ticket scalpers had been arrested since revised anti-scalping laws took effect on Aug. 28, Yonhap and Asia Economy reported. He said the public had filed 68,158 reports and tha…
Nobel physics prize goes to IceCube neutrino researcher Francis Halzen
Sweden's Royal Swedish Academy of Sciences said on 6 October that the 2026 Nobel Prize in Physics goes to Francis Halzen of the University of Wisconsin-Madison for decisive contributions to the IceCube Neutrino Observatory and the discovery…
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…
NASA seeks contractors for a lunar reactor ready to launch by December 2030
NASA has asked contractors to prepare a nuclear reactor able to operate near the lunar south pole and be ready for launch by December 2030, according to a New York Times report cited by Korean outlets. The agency moved ahead of Chinese and …
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…
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…
Nuri rocket erected on pad; Oct. 7 launch to carry 15 satellites, most yet
South Korea's Nuri rocket was moved to the launch pad at the Naro Space Center in Goheung on Oct. 6 and erected upright, with the space agency and the Korea Aerospace Research Institute saying the work was completed at 10:35 a.m. The launch…
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, …
China Railway warns travellers over third-party ticket-grabbing platforms
China Railway issued a reminder that 12306 is its only official online ticket sales channel and said it has never cooperated with any third-party platform, according to IT Home and China News Service. The railway described bloggers in railw…
2026 Nobel Prize in Physiology or Medicine awarded for optogenetics
The 2026 Nobel Prize in Physiology or Medicine was awarded to Karl Deisseroth, Peter Hegemann and Georg Nagel for discoveries concerning light-gated ion channels and optogenetics, the Nobel Foundation announced on October 5. The technique l…
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…
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…
Nuri rocket erected on launch pad ahead of fifth flight on Oct 7
South Korea's Nuri rocket moved from its assembly building to the second launch pad at the Naro Space Center in Goheung on the morning of Oct 6 and was erected and fixed in place at 10:35, according to the Korea AeroSpace Administration and…
Nobel medicine prize awarded to three scientists for optogenetics
The 2026 Nobel Prize in Physiology or Medicine was awarded to Karl Deisseroth, Peter Hegemann and Georg Nagel for discoveries concerning light-sensitive ion channels and optogenetics, the Nobel Committee announced in Stockholm. The three sh…
Nobel Prize in physics awarded to Francis Halzen for neutrino discovery
The 2026 Nobel Prize in physics was awarded to Francis Halzen for his work on the IceCube Neutrino Observatory and the discovery of high-energy neutrinos of astrophysical origin, the Royal Swedish Academy of Sciences said in Stockholm. Halz…
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…