Consumer, Finance & markets, Health
268 storiesArk's Cathie Wood Repeats $1.5 Million Bitcoin Forecast for 2030
Ark Invest CEO Cathie Wood has reiterated a forecast that bitcoin will reach $1.5 million by 2030, about 1665% above the roughly $85,000 level where the reports say it was trading. Wood points to institutional inflows, a more favourable US …
China health experts urge problem-driven push to turn disease research into treatments
Experts at a 2026 conference on disease prevention research and translation in China called for problem-driven collaboration between hospitals, universities and industry, with AI among the topics discussed. The director of a national key la…
South 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…
Nvidia sets second straight record close; Korean AI supply chain shares rally
Nvidia closed 2.1% higher at $238.90 on October 5 in New York, a second consecutive record close, lifting its market capitalisation to about $5.76 trillion and putting the first $6 trillion valuation within reach. Korean outlets also report…
Amazon's Prime Big Deal Days Begin With Discounts on Apple Macs, AirPods and iPads
Amazon's fall Prime Big Deal Days sale is live, with early discounts on Apple products including AirPods Pro 3 at $179.00, down from $249.00, AirPods Max 2 at $429.00, and about $200 off most M5 MacBook Air models. Outlets also reported all…
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…
KFF poll finds Medicare for All support at 66% in US, highest since 2016
A KFF poll published Tuesday found 66 percent of U.S. adults support Medicare for All, the highest level since 2016, with 32 percent saying they strongly favor a single government health plan. Support was up about 13 points from 2020, but t…
Russia quarantines hospital as lab worker’s death puts nearly 200 under observation
A female employee of the Irkutsk Anti-Plague Research Institute of Siberia and the Far East died last week of pneumonia of unknown cause, Russian authorities said, and a hospital in the town of Shelekhov was placed under quarantine. Officia…
WHO keeps low-risk view on Russian plague lab death; Russia denies accident
The World Health Organization said the public health risk to the general public appears low after a researcher at a plague research institute in Russia's Irkutsk region died following what reports described as a broken test tube of plague p…
Bucheon offers half-price admission at six attractions to local university students
Bucheon, in Gyeonggi Province, began offering a 50% discount on admission to six city attractions on Oct 6 for students at four local universities. Students must show a student ID or enrollment certificate; the night attraction Bucheon Lumi…
IMF warns rapid hedge fund growth could amplify market risk
The IMF said in the second chapter of its Global Financial Stability Report, released on 6 October, that hedge fund risks to macro-financial stability need close attention, because fast asset growth can amplify price dislocations and liquid…
Trump says he has call scheduled with Putin over suspected plague death in Siberia
President Trump said Tuesday he has a call scheduled with Vladimir Putin about the suspected pneumonic plague case in Siberia, after saying Monday the US was willing to help Russia. The case follows the death of Darya Shipilova, 28, a worke…
Korean 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…
Kenya confirms first Ebola death after patient arrives from Congo via Uganda
Kenya’s Health Ministry confirmed the country’s first imported Ebola case on Tuesday, after a Kenyan man who arrived from the Democratic Republic of Congo via Uganda was treated at Nairobi Hospital and died late Monday. Authorities placed K…
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…
Wall Street banks start selling $60bn Anthropic AI-chip loan, FT reports
Bank of America, Citigroup and Morgan Stanley have begun selling part of a $60bn loan that funds Anthropic's leasing of Google tensor processing units, according to the Financial Times, as reported by Yonhap. The sale is described as the la…
US stocks close higher; Nasdaq sets record close with 1.05% gain
On Oct 5 local time, the three main US stock indices closed higher, with the Nasdaq up 1.05% to a record close, the Dow up 0.18% and the S&P 500 up 0.67%. Large technology shares rose broadly, and cryptocurrencies, oil and gas and pharmaceu…
WHO says risk low as US presses Russia for transparency on plague lab death
The U.S. State Department is monitoring reports of a fatal case of suspected pneumonic plague in Irkutsk Oblast, Russia, and Secretary of State Marco Rubio has publicly called on Moscow to be more transparent about the death of a 28-year-ol…
Weak US jobs data lift October Fed rate-hold bets; bitcoin slips below $86,000
US employment data came in weaker than expected, strengthening expectations the Federal Reserve will hold interest rates at its October meeting, with Kukmin Ilbo putting the odds of a hold at 78 percent. Major cryptocurrencies that had rise…
New York declares measles disaster emergency as rural cases rise
New York Governor Kathy Hochul declared a statewide disaster emergency on Monday over a measles outbreak, an order CNN reported is the first such declaration by a U.S. state since cases began surging in 2025. The state has reported 108 case…