Culture & entertainment, AI, Finance & markets
500 storiesSpaceX seeks $40 billion in borrowing to buy Nvidia chips, FT reports
SpaceX is in talks to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report cited by Reuters and MarketWatch. Bloomberg said it understands the financing would be among the biggest-ever debt financings…
Korean trainer Yang Chi-seung says gym fraud losses reached nearly 2 billion won
Trainer Yang Chi-seung said he lost nearly 2 billion won in the fallout of a 기부채납 (donation-for-public-use) fraud case involving the gym he ran for years, up from earlier reports of about 1.5 billion won. He disclosed the figure and his emo…
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 …
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…
Korean Braille Hunmaengjeongeum centenary exhibition opens at Incheon museum
A special exhibition marking 100 years of Hunmaengjeongeum, the Korean Braille system created by Songam Park Doo-sung, opens on October 7 at the National Museum of World Writing in Incheon. The show, co-hosted with the National Hangeul Muse…
Koyote's Kim Jong-min to become a father; wife is 17 weeks pregnant
Koyote member and TV host Kim Jong-min, 47, said his wife is 17 weeks pregnant and that he is becoming a father. His agency Jizistar said the couple is preparing for the birth, and that details including the baby's sex will be shown on KBS …
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.…
Bank of Russia raises official dollar rate to 84.93 rubles for October 6
The Bank of Russia set the official dollar rate for October 6 at 84.93 rubles, up 1.45 rubles from 83.48 rubles on October 3, with the euro rising 1.01 rubles to 95.33 rubles and the yuan up 0.22 rubles to 12.65 rubles. RBC reported the rub…
New York stocks open mixed as 10-year Treasury yield holds near 5.3%
New York's main stock indices opened mixed on October 5, with the Dow Jones Industrial Average down about 0.27% as the 10-year US Treasury yield held around 5.3%, a level Asia Economy described as the highest in several years. The S&P 500 a…
European stock indices close higher on Oct 6 after mixed Oct 5 session
On Oct 6, 2026, major European stock indices all closed higher: the UK FTSE 100 rose 0.42%, France’s CAC 40 0.47%, Germany’s DAX 0.82% and Italy’s FTSE MIB 0.87%, according to CLS. The previous day, most indices rose but France’s CAC 40 fel…
Michelle Yeoh attends Busan film festival, receives Asian Filmmaker award
Actor Michelle Yeoh visited the Busan International Film Festival, receiving the Asian Filmmaker of the Year award at the opening ceremony and speaking at a press conference at the Busan Cinema Center on Oct 7. She said she and the festival…
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…
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…
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…
Police begin protection for actor Yoo Hae-jin amid ‘Assassin(s)’ controversy
Seongbuk Police Station in Seoul began safety measures for actor Yoo Hae-jin on Oct 6 after his agency requested protection, issuing him a smartwatch, registering him in the 112 emergency system and strengthening patrols near his home. The …
New York stocks open lower; Dow falls 273 points as bond yields rise
New York stocks opened lower on Oct. 5. As of 9:45 a.m., the Dow Jones Industrial Average was down 273.01 points at 50,903.95, Nikkei reported, saying rising U.S. long-term interest rates weighed on cyclical shares while some tech stocks dr…
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…
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…
Busan International Film Festival opens 31st edition with 247 invited films
The 31st Busan International Film Festival opened on the evening of Oct. 6 at the Busan Cinema Center in Haeundae district and runs through Oct. 15. Organisers invited 247 films from 59 countries, with 316 screenings in all including the co…
Culture minister: creativity must not be constrained amid 'Assassin(s)' dispute
Culture minister Choi Hwi-young told a National Assembly audit of his ministry on Oct 7 that “imagination and creation should not be constrained,” saying the question of historical distortion in the film “Assassin(s)” was for audiences to j…