Consumer, Education, Finance & markets, Technology
321 storiesKorean court suspends market-cap delisting decisions; exchange halts two more exits
Seoul Southern District Court Civil Division 51 granted injunctions on Oct 2 suspending the Korea Exchange's delisting decisions against KOSPI-listed Joo Yeon Tech and KOSDAQ-listed KM Pharma until a main ruling. The court questioned the 45…
Russia's Finance Ministry places 39.13 bln rubles of OFZ 26252 bonds at auction
Russia's Finance Ministry held an auction on 7 October for federal loan bonds of the OFZ-PD 26252 series and placed 39.13 bln rubles of the issue, TASS reported, citing demand of 134.371 bln rubles. The ministry had announced the auction a …
S&P 500 sets record high, closes above 7,800 for first time
The S&P 500 rose 0.6% on Tuesday to a record high, surpassing its August peak, CNBC reported it touched an intraday record of 7,844.52 and closed above 7,800 for the first time. The rally came amid elevated oil prices and rising bond yields…
More Than 250,000 Rally Across France as Student School Protests Escalate
More than 256,000 people rallied across France on Tuesday and hundreds of schools were shut or blockaded as students, parents and teachers demanded more education funding. Police fired tear gas in Paris and other cities, and Fox News, citin…
Nikkei 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…
JPX to cut TOPIX constituents from about 1,600 to 986 under new selection rules
Japan Exchange Group announced on Oct 7 that it will sharply reduce the number of companies in the TOPIX stock index, to 986 from 1,634, in a phased change running from late October to July 2028. A reassessment in October 2027 will decide w…
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…
ADIB shareholders approve AED1.75bn rights issue for Vision 2035
Shareholders of Abu Dhabi Islamic Bank approved a rights issue of about AED1.75 billion ($476 million) at a General Assembly on Tuesday. The issue comprises 106,383,000 new shares at AED16.45 each, a 28.8 per cent discount to the August 24 …
China's central bank adds to 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) at the end of August, according to figures carr…
Euro falls to 17-month low as Spain and France political uncertainty rattles markets
The euro fell to its weakest level since May 2025, dropping below $1.12 against the dollar, as political and fiscal uncertainty in Spain and France weighed on the currency. Spanish Prime Minister Pedro Sánchez called a snap election for Nov…
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…
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…
Cornell trustees tap Sally Yates to review handling of sex assault claims
Cornell University trustees announced Tuesday that Sally Yates, a former deputy U.S. attorney general, will lead an independent review of how the university handles sexual misconduct complaints, including the alleged 2024 assault of a forme…
Bank of Russia keeps list of systemically important banks unchanged
The Bank of Russia has left its list of systemically important credit institutions unchanged, keeping 12 banks on it, according to the regulator's website. The banks on the list account for almost 80% of the combined assets of the Russian b…
Moscow Exchange index rises above 2,300 points for first time since Sept. 25
The Moscow Exchange index climbed above 2,300 points in Monday trading on 5 October, the first time since 25 September, gaining about 1%. Interfax and RBC attributed the move to hopes of lower geopolitical risks and a continued negotiating …
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…
Hang Seng Tech Index to expand to 50 constituents under six-part revamp
Hang Seng Indexes Company announced six revisions to the Hang Seng Tech Index's compilation method, including raising the number of constituents from 30 to 50. The requirement that candidates belong to designated industries is dropped, six …
Goldman Sachs warns Samsung volatility may spike on Oct. 8 events
Goldman Sachs said Samsung Electronics shares could swing sharply on October 8, when preliminary third-quarter results fall on the same day as semiconductor ETF rebalancing, options expiry and the end of a share buyback. The bank cut its th…
Amazon’s October Prime Day runs October 6-8 as retailers cut prices early
Amazon’s October Prime Day, also called Prime Big Deal Days, runs from October 6 at 3AM ET through 3AM ET on October 8, with discounts already live, according to The Verge, NBC News and Wired. Wired listed Google Pixel Buds Pro 2 at $190 ($…