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🇰🇷 South Korea Finance & markets 2 d ago

US 10-year Treasury yield hits highest since 2002 as long-dated selloff extends

US long-dated Treasury yields climbed to their highest levels since 2002 on Oct 5, with the 10-year reaching about 5.35% and the 30-year above 5.70%. Chosun Ilbo reported the 10-year closed the third quarter at 5.29%, the biggest quarterly …

Business4 Tech Official
Tense Reliability 64
🇺🇸 United States Consumer 3 d ago

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 $190 ($…

Business2 Tech3
Neutral Reliability 78 Promotional 78
🇷🇺 Russia Finance & markets 1 d ago

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 …

Business2 Official
Neutral Reliability 88
🇰🇷 South Korea Finance & markets 3 d ago

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…

Business9 Official
Neutral Reliability 86
🇯🇵 Japan Finance & markets 8 h ago

India's central bank raises key rate to 5.5%, first hike in 3 years 8 months

The Reserve Bank of India decided on 7 October to raise its main policy rate by 0.25 percentage points to 5.5%, the first increase in three years and eight months. Governor Sanjay Malhotra cited a worsening Middle East situation, sharp swin…

Business4 Official
Neutral Reliability 78
🇨🇳 China Finance & markets 17 h ago

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…

Business4 Tech2 Official
Neutral Reliability 87
🇯🇵 Japan Finance & markets 8 h ago

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…

Business3 Official
Neutral Reliability 80
🇯🇵 Japan Consumer 1 d ago

Japan farm ministry orders Fukui seafood firm over mislabeled Echizen crab gifts

Japan's agriculture ministry issued a measures order on Oct 6 against Fukumaru Foods, a seafood processor in Echizen Town, Fukui Prefecture, for labeling products as Echizen crab while using mizugani, a crab not counted as Echizen crab. The…

Business4 Official
Critical Reliability 85
🇯🇵 Japan Finance & markets 2 d ago

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…

Business8 Official
Neutral Reliability 87
🇨🇳 China Finance & markets 6 h ago

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 …

Business3 Tech
Neutral Reliability 85
🇰🇷 South Korea Finance & markets 1 d ago

Second National Growth Fund round sells 316.2 bln won in four days, 52.7% of target

The second round of South Korea's state-backed National Participation National Growth Fund sold 316.2 billion won in its first four days, 52.7% of its 600 billion won target, the Financial Services Commission said. The remaining 283.43 bill…

Business3 Official
Neutral Reliability 90
🇺🇸 United States Finance & markets 2 d ago

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…

Business6
Tense Reliability 73
🇰🇷 South Korea Finance & markets 15 h ago

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…

Business6 Official
Neutral Reliability 91
🇨🇳 China Finance & markets 6 h ago

Spot gold falls about 1% below $4,120 an ounce, silver drops nearly 2%

Spot gold and silver prices fell on Oct 7, 2026, according to short market updates from three Chinese business outlets. CLS first reported spot gold down 0.93% at $4,124.89 an ounce and spot silver down 1.60% at $60.35 an ounce, figures Jie…

Business3
Neutral Reliability 83
🇷🇺 Russia Finance & markets 6 h ago

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…

Business3 Official
Neutral Reliability 90
🇷🇺 Russia Finance & markets 2 d ago

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 …

Business4 Official
Neutral Reliability 92
🇰🇷 South Korea Finance & markets 1 d ago

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…

Business9 Official
Upbeat Reliability 81
🇰🇷 South Korea Finance & markets 14 h ago

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…

Business3 Official
Tense Reliability 88
🇨🇳 China Finance & markets 1 d ago

Hong Kong stocks open higher; Hang Seng up 1%, Alibaba gains about 2.9%

Hong Kong shares opened higher on 6 October, with the Hang Seng Index up 1% and the Hang Seng Tech Index up 1.02%, according to CLS, Yicai and 36Kr. Alibaba rose about 2.9% at the open, while Baidu and Meituan gained nearly 2%, 36Kr reporte…

Business3 Tech
Neutral Reliability 80
🇺🇸 United States Finance & markets 18 h ago

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…

Business3
Neutral Reliability 74