Culture & entertainment, Finance & markets, Technology
428 storiesKorean 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…
Russian stock indices rise; MOEX up 1.43% at midday
Russian stock indices rose on 5 October, with the Moscow Exchange index up 1.43% from the previous close to 2,309.86 as of 12:00 Moscow time, according to Vedomosti. The RTS index rose 1.43% to 871.61 and exchange trading volume totalled 37…
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 …
Apple and LG Electronics jointly develop smart home devices under LG brand
Apple and LG Electronics are jointly developing smart home devices — a camera-equipped video doorbell, a smart door lock, a security camera and a smart temperature sensor and thermostat — to be sold under the LG brand, according to Bloomber…
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 …
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 …
Turkey's Aselsan announces Astralink network of 198 low-orbit satellites
Aselsan CEO Ahmet Akyol said at the International Astronautical Congress in Antalya that Turkey is building Astralink, a low-orbit satellite constellation of 198 spacecraft, with the first launch planned within two years. Akyol said work be…
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…
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…
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…
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…
Hoban Construction develops AI design tech to auto-apply per-unit buyer options
Hoban Construction said it developed AI-based design technology that automatically reflects apartment buyers’ option contract choices in each unit’s building information model (BIM). The technology was developed jointly with building and in…
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…
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…
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…
Rublev’s Trinity icon returned to iconostasis at Trinity-Sergius Lavra
The «Trinity» icon painted by Andrei Rublev was returned to the iconostasis of the Trinity Cathedral at the Trinity-Sergius Lavra on 5 October, according to sources cited by RBC. A printed copy had stood in its place while the icon was chec…
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…
Busan film festival opens 31st edition; Michelle Yeoh takes Asian Filmmaker award
The 31st Busan International Film Festival opened on the evening of October 6 with a red-carpet ceremony at the Busan Cinema Center in Haeundae-gu, Busan, and runs until October 15. Actress Kim Min-ha hosted the opening ceremony, and Michel…
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…
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…