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458 storiesUS 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 …
Abu Dhabi's AI Everything opens with 400 exhibitors alongside Global Food Week
AI Everything 2026 opened on 6 October at the ADNEC Centre Abu Dhabi and runs to 7 October, with WAM reporting 400 exhibitors and 180 speakers, and Economy Middle East reporting more than 400 companies, 200-plus investors managing about $10…
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 $190 ($…
Nuri rocket’s fifth launch judged a success; five main satellites reach target orbit
The fifth flight of South Korea’s Nuri launch vehicle reached its target orbit and separated five main payload satellites, and the government and researchers judged the launch a final success, Newsis reported, citing the Korea AeroSpace Adm…
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 …
Nvidia-backed Reflection AI unveils Beam, open-weight model to rival Chinese models
Reflection AI unveiled Beam, a 501-billion-parameter open-weight AI model that the New York-based startup says matches leading Chinese open models like Z.ai’s GLM-5.2 at lower compute cost. The Nvidia-backed company says Beam is in final sa…
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…
Abu Dhabi launches AiNative programme to train 20,000 government employees in AI
Abu Dhabi's Department of Government Enablement launched AiNative, an AI training programme, at the Ai Everything conference in Abu Dhabi on Wednesday. The programme aims to train 20,000 government employees by the end of 2026 and is part o…
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…
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…
Nuri declared a success on fifth flight; five cluster satellites make contact
South Korea's Nuri rocket lifted off at 12:25 p.m. from the Naro Space Center in Goheung and the Korea Aerospace Administration declared the fifth flight a success, saying all 15 satellites were placed in orbit. Officials said 14 of the 15 …
UAE ranks first globally in citizen satisfaction with government digital services
The UAE ranked first globally in citizen satisfaction with government digital services, with 89% of respondents rating them highly, according to Boston Consulting Group’s 2026 Digital Government Citizen Survey Report. The survey, covering 4…
AMD's Lisa Su visits Korea, agrees AI chip cooperation with local firms
AMD chair and CEO Lisa Su visited Korea on Oct. 7, about seven months after her March trip, meeting Second Vice Minister Ryu Je-myeong of the Science and ICT Ministry and a roundtable of Korean AI semiconductor and infrastructure companies.…
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…
HIS says up to 627 customers' passport data may have leaked after Thai unit breach
HIS announced on October 7 that up to 627 customers' passport details may have leaked after unauthorized access to a file server at its Thai subsidiary, H.I.S. TOURS. The company said it detected the access in December 2025 and identified t…
Korea police open formal probe into AI-linked hacking of financial firms
South Korean police have converted their investigation into a series of AI-linked hacking attacks on financial institutions into a formal probe, assigning a 28-member, four-team dedicated unit. Data leaks have been confirmed at seven financ…
Korea financial regulator orders full security review after bank data leaks
Financial Services Commission Chairman Lee Eok-won chaired an emergency meeting of the entire financial sector in Seoul on Oct. 4 after customer data leaks spread from major banks to non-bank lenders, saying the possibility of AI-enabled ha…
Nuri rocket lifts off on fifth flight carrying record 15 satellites
South Korea's Nuri rocket launched at 12:25 p.m. on Oct. 7 from the Naro Space Center in Goheung, after the launch management committee confirmed the time that morning. The rocket carries 15 satellites — five NEOANSAT microsatellite cluster…
Nobel chemistry prize goes to Japan's Soai Kenso and France's Henri Kagan
The Royal Swedish Academy of Sciences said on 7 October that the 2026 Nobel Prize in Chemistry goes to Soai Kenso, 76, professor emeritus at Tokyo University of Science, and Henri Kagan of France, for the discovery of nonlinear effects and …
Nuri rocket completes fifth launch, placing satellites in orbit
South Korea’s Nuri rocket lifted off at 12:25 p.m. local time on Oct 7 from the Naro Space Center in Goheung, carrying 15 satellites, the most in its history, and placed the five main ultra-small cluster satellites in their target orbit. Ne…