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🇰🇷 South Korea Policy & regulation 1 d ago

South Korea's Lee orders CPTPP talks restarted from the beginning amid farm concerns

President Lee Jae-myung instructed at a cabinet meeting on Oct 6 that the government should not fix a conclusion on joining the CPTPP and should “restart dialogue from the beginning,” saying the pact's strategic value is cited alongside ver…

Business7 Official
Neutral Reliability 90
🇷🇺 Russia Policy & regulation 7 h ago

FT: EU weighs universal corporate levy to raise taxes on US tech giants

The European Commission is considering a new mechanism to raise more tax revenue from large US technology companies without singling them out as a separate category, the Financial Times reported, citing unnamed sources. Under discussion is …

Business3 Tech2 Official
Neutral Reliability 87
🇺🇸 United States Policy & regulation 22 h ago

Army study found ICE shock gloves cause pain, compliance and fear, AP reports

A previously unreleased Army study found that shock gloves now purchased by U.S. Immigration and Customs Enforcement caused intense pain, immediate compliance and fear of further shocks during a 2024 military exercise. Records obtained by t…

Business7
Critical Reliability 75
🇰🇷 South Korea Society 2 d ago

KCTU to vote Oct 7 on return to social dialogue; council ready to talk

The Korean Confederation of Trade Unions (민주노총) will hold its 85th temporary delegate conference at 1 p.m. on Oct 7 at KINTEX in Goyang to vote on joining the Economic, Social and Labor Council (경사노위), which would end a 27-year absence from…

Business8 Official
Neutral Reliability 90
🇰🇷 South Korea Society 5 d ago

Busan shark Bukkangi crosses net, returns to waterway; rescue paused

The shark nicknamed Bukkangi, believed to be a dusky shark about 3 m long, crossed a large net and returned to the artificial waterway at Busan's Bukhang Chinsu Park around noon on Oct 3, a day after a second attempt to guide it to open sea…

Business9 Official
Neutral Reliability 74
🇰🇷 South Korea Policy & regulation 12 h ago

S. Korea farm minister says minor farmland survey violations won't be punished

Agriculture minister Song Mi-ryung told a parliamentary audit on Oct 7 that most ordinary, customary violations found in the government's full farmland survey would not be punished, and that the government has no plan or reason to confiscat…

Business5 Official
Tense Reliability 86
🇰🇷 South Korea Policy & regulation 1 d ago

Defense minister: arts, sports military service exemption to be cut and abolished

South Korea's defense minister said on Oct 7 that the goal is to gradually reduce the arts and sports military service exemption and ultimately abolish it, after controversy over remarks by Asian Games football gold medallists about the exe…

Business11 Official
Critical Reliability 80
🇰🇷 South Korea Policy & regulation 16 h ago

Korea's top individual tax delinquent Kwon Hyuk to pay 393.8 billion won

The National Tax Service said on Oct 7 that Kwon Hyuk, chairman of Sido Group and the country's largest individual tax delinquent, has submitted a plan to pay his personal back taxes of 393.8 billion won in full, 15 years after the tax was …

Business10 Official
Neutral Reliability 81 Promotional 45
🇰🇷 South Korea Policy & regulation 13 h ago

South Korea unveils 1,000 trillion won green transition plan to 2035

South Korea announced a “Korean-style Green Transition” (K-GX) strategy on Oct 7, pledging about 1,000 trillion won over ten years to 2035 — 200 trillion won in fiscal support and more than 790 trillion won in climate finance through five p…

Business5 Tech
Neutral Reliability 74 Promotional 25
🇯🇵 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
🇰🇷 South Korea Society 17 h ago

South Korea re-designates 92 population decline regions, adds Busan Geumjeong, Dongducheon and Tongyeong

South Korea's Ministry of the Interior and Safety re-designated 92 cities, counties and districts as population decline regions on Oct. 7, up from 89 in the first designation five years earlier. Busan's Geumjeong-gu, Gyeonggi's Dongducheon …

Business11 Official
Neutral Reliability 85
🇰🇷 South Korea Policy & regulation 15 h ago

Land minister says Gangnam, Yongsan home prices have turned negative

Land, Infrastructure and Transport Minister Hong Ji-seon told a National Assembly audit on Oct 7 that home prices in Seoul's Gangnam three districts and Yongsan have turned negative, and said price growth should ease with the market stabili…

Business10
Neutral Reliability 79
🇨🇳 China Policy & regulation 1 d ago

South Korea weighs ending military service exemptions for athletes and artists

South Korea’s Defense Ministry said on October 6 that it is considering tightening or abolishing the military service exemption granted to athletes and artists, after some Asian Games gold medalists said exemption mattered more to them than…

Business3 Official
Critical Reliability 80
🇰🇷 South Korea Policy & regulation 13 h ago

Korea to factor Korean proficiency into student visas, tighten screening

South Korea’s Justice Ministry announced plans to weigh Korean-language ability across its foreign student visa system, exempting students with TOPIK level 4 or social integration programme stage 4 from proving financial capacity. Universit…

Business3 Official
Neutral Reliability 80
🇰🇷 South Korea Policy & regulation 15 h ago

Asian Games exemption row widens: Ahn seeks abolition, ruling party open to overhaul

People Power Party lawmaker Ahn Cheol-soo said on 7 October that the military service exemption for Asian Games gold medalists should be abolished starting with this tournament, arguing it is set by presidential decree and President Lee Jae…

Business5 Official
Tense Reliability 86
🇦🇪 United Arab Emirates Society 4 h ago

UAE President calls for rain prayer at all mosques on Friday 9 October

UAE President Sheikh Mohamed bin Zayed Al Nahyan has called for Salaat Al Istisqaa, a prayer for rain, to be performed at all mosques across the country on Friday 9 October, half an hour before the Friday prayer. The President called on eve…

Business4 Official
Neutral Reliability 86
🇯🇵 Japan Policy & regulation 1 d ago

South Korea defense chief says athlete military service exemption to be abolished

South Korea's defense minister, Kang Shin-chul, told a parliamentary audit on Oct 7 that the special exemption from military service for high-achieving athletes and artists should be gradually reduced and ultimately abolished. The review fo…

Business5
Critical Reliability 82
🇷🇺 Russia Society 1 d ago

France suspends lycée lessons as high-school protests hit 1,800 schools

Protests by high-school students in France on Tuesday affected around 1,800 lycées, according to RIA Novosti, while AFP, cited by TASS, reported that classes were suspended in nearly 900 senior schools — about a quarter of the country's tot…

Business Official2
Tense Reliability 82
🇷🇺 Russia Society 3 d ago

French student protests leave 24 schools burned or looted, 400-plus shut

Protests by French high school students left 24 schools burned or looted and halted classes in 400 to 500 institutions nationwide, according to TASS, Kommersant and Vedomosti. The education minister, named by TASS and Kommersant as Édouard …

Business2 Official2
Alarming Reliability 87
🇺🇸 United States Policy & regulation 19 h ago

Trump says he is considering suspending federal gas tax ahead of midterms

President Donald Trump said Tuesday his administration is considering suspending the federal gas tax, as pump prices remain far above last year's levels a month before the midterm elections. Any suspension would require Congress, which is n…

Business5
Neutral Reliability 78