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🇯🇵 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
🇰🇷 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…

Business7 Official
Neutral Reliability 86
🇰🇷 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 Technology 1 d ago

AMD CEO Lisa Su to visit Korea Oct. 7 for Gamer Day; AI chip talks expected

AMD chair and CEO Lisa Su will visit Korea on Oct. 7, about seven months after her March trip, to attend an “AMD Gamer Day” event at 2 p.m. at Dragon City in Yongsan-gu, Seoul, AMD said. Su and senior vice president Jack Huynh will attend, …

Business8 Tech2 Official
Neutral Reliability 81
🇰🇷 South Korea Disasters & accidents 2 d ago

Fishing boat capsizes off Jeju; nine rescued, two missing as search continues

A 29-tonne fishing vessel registered in Sacheon capsized at about 03:04 on October 5 about 65 kilometres northwest of Chagwido, off Jeju, with 11 people aboard. Nine crew — eight Indonesians and one Vietnamese — were rescued and taken to Ha…

Business11 Official
Somber Reliability 81
🇯🇵 Japan Disasters & accidents 2 d ago

Three typhoons active near Japan as Typhoon 27 moves north, JMA says

The Japan Meteorological Agency announced on Oct. 5 that Typhoon 28 (Nolo) and Typhoon 29 (Koguma) had formed, making three active typhoons near Japan with Typhoon 27 (Choi-wan). Typhoon 27 was large and very strong, moving north-northwest …

Business7 Community
Alarming Reliability 75
🇯🇵 Japan Disasters & accidents 3 d ago

Typhoon No. 27 moves north near Ogasawara as typhoons 28 and 29 form

Typhoon No. 27, described by the Japan Meteorological Agency as large and very strong, moved north over waters near the Ogasawara Islands and was forecast to approach the islands at very strong intensity from the evening of Oct. 5 to early …

Business4 Official Community2
Neutral Reliability 76
🇰🇷 South Korea Finance & markets 6 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 Disasters & accidents 4 h ago

Thailand flood death toll reaches 60; Bangkok and 27 provinces affected

Thailand's Interior Ministry disaster agency said on Oct 7 that flooding has killed 60 people and affected more than 1.48 million households, or 4.19 million people. The country has seen repeated heavy rain and widespread flooding since Sep…

Business3 Official
Somber Reliability 90
🇷🇺 Russia Disasters & accidents 17 h ago

One worker injured in rock collapse at Vostochny mine in Russia's Primorye

A rock collapse at the Vostochny mine in Primorsky Krai injured one worker and caused no deaths. Twenty-two people were in the shaft at the time; rescuers brought the injured miner to the surface, and TASS reported the workers left the shaf…

Business4 Official2
Neutral Reliability 89
🇨🇳 China Finance & markets 2 d ago

Spot silver tops $62/oz intraday, up 2.73%; New York futures also gain

Spot silver extended gains through Oct. 5, rising 2% to $61.56/oz and later breaking above $62/oz for a 2.73% intraday gain, according to CLS and Yicai. New York silver futures were up more than 1% intraday at $61.04/oz earlier in the day, …

Business3 Tech
Neutral Reliability 80
🇰🇷 South Korea Finance & markets 1 d ago

Kospi slips below 7,000 after holiday open; Kosdaq gains about 2%

South Korea's Kospi opened at 7,044.67 on Oct. 6, up 40.93 points (0.58%), the first session after the Gaecheonjeol holiday, and the Kosdaq opened at 902.16, up 8.87 points (0.99%). The Kospi gave back the gain within minutes and was at 6,9…

Business6 Official
Neutral Reliability 84
🇺🇸 United States Disasters & accidents 1 d ago

Gulf tropical depression forecast to become Atlantic season’s first hurricane

A tropical depression formed in the Gulf of Mexico on Tuesday afternoon and is forecast to become the Atlantic season’s first hurricane later this week, with a possible US landfall early Saturday, according to the National Hurricane Center.…

Business4 Tech
Neutral Reliability 78
🇰🇷 South Korea Finance & markets 1 d ago

KB Kookmin Card, MoonPay and Finger sign digital asset payment partnership

KB Kookmin Card said it signed a partnership with global digital asset payment infrastructure company MoonPay and fintech firm Finger to cooperate on digital asset and stablecoin-based payment services, with a joint concept proof planned. T…

Business3 Tech Official
Neutral Reliability 83
🇰🇷 South Korea Disasters & accidents 15 h ago

SUV falls into Daegu reservoir; one occupant found dead, police check for others

An SUV fell into the Naegwanji reservoir in Daeheung-dong, Suseong-gu, Daegu at about 04:17 on 7 October. Rescue teams found the vehicle and recovered the body of a woman believed to be in her 50s at about 08:22; she was already dead. Polic…

Business5 Official
Somber Reliability 87
🇰🇷 South Korea Finance & markets 3 h ago

Bank of Korea appoints Choi Young-ju deputy governor, taps Yoon Kyung-su for research

The Bank of Korea appointed Choi Young-ju, head of its Financial Markets Bureau, as deputy governor in charge of international and financial cooperation, filling a post that had been vacant, the bank said on October 7. Her term runs from Oc…

Business3 Official
Neutral Reliability 86
🇨🇳 China Finance & markets 4 h ago

China's central bank raises 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) a month earlier, according to figures carried b…

Business3 Tech
Neutral Reliability 82
🇨🇳 China Finance & markets 2 d ago

Hong Kong stocks close higher as Hang Seng rises 0.28%, tech index gains 0.62%

Hong Kong's Hang Seng Index fell 0.08% at the midday break on Oct 5 while the Hang Seng Tech Index rose 0.27%, figures reported by 36Kr, CLS and Jiemian showed. By the close, 36Kr reported the Hang Seng Index up 0.28% and the tech gauge up …

Business2 Tech
Neutral Reliability 80
🇰🇷 South Korea Games 2 d ago

NC's Aion 2 tops 400,000 concurrent players on global launch day

NC began global service for its MMORPG Aion 2 on 5 October through Steam and its own Purple platform, and the company said peak concurrent players passed 400,000 on the first day. Early access had run from 30 September for five days for buy…

Business6 Tech5 Official
Upbeat Reliability 77 Promotional 25
🇰🇷 South Korea Technology 5 h ago

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…

Business4 Official
Neutral Reliability 89 Promotional 32