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280 storiesNasdaq 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…
Hong Kong stocks open higher; Hang Seng up 1%, Alibaba gains about 2.9%
Hong Kong shares opened higher on 6 October, with the Hang Seng Index up 1% and the Hang Seng Tech Index up 1.02%, according to CLS, Yicai and 36Kr. Alibaba rose about 2.9% at the open, while Baidu and Meituan gained nearly 2%, 36Kr reporte…
Hong Kong stocks open marginally lower; Hang Seng slips 0.04%
Hong Kong's Hang Seng Index opened 0.04% lower on 5 October 2026, while the Hang Seng Tech Index fell 0.47%. Yicai and Jiemian both reported that Meituan dropped more than 1% at the open, and 36Kr said home-appliance and software-services s…
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, …
Cornell trustees tap Sally Yates to review handling of sex assault claims
Cornell University trustees announced Tuesday that Sally Yates, a former deputy U.S. attorney general, will lead an independent review of how the university handles sexual misconduct complaints, including the alleged 2024 assault of a forme…
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…
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…
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…
Cornell Faculty Introduce No-Confidence Resolution; Students Target President
Members of Cornell University's faculty have introduced a resolution for a vote of no confidence in the university administration over its handling of an alleged 2024 gang rape at the Chi Phi fraternity house. The resolution is expected to …
South Korea forecasts a cold, windy Oct. 6 with a 15C day-night temperature gap
South Korea's weather agency forecast a chilly, clear Oct. 6 with morning lows of about 3-14°C and a day-night temperature gap of roughly 15°C in most regions. Gangwon's inland and mountain areas were expected near or below 5°C, with winds …
Supreme Court hears Boulder climate suit as justices question both sides
The Supreme Court heard nearly two hours of arguments Monday on whether the city and county of Boulder, Colorado, can sue Exxon Mobil and Suncor Energy in state court to recover costs tied to climate change. Conservative justices questioned…
Nvidia sets second straight record close; Korean AI supply chain shares rally
Nvidia closed 2.1% higher at $238.90 on October 5 in New York, a second consecutive record close, lifting its market capitalisation to about $5.76 trillion and putting the first $6 trillion valuation within reach. Korean outlets also report…
S&P 500 closes above 7,800 for first time; Nasdaq also at record
New York's three main indices closed higher on Oct 6, with the S&P 500 ending above 7,800 for the first time at 7,818.93 and the Nasdaq Composite at a record 27,599.79. Korean outlets attributed the gains to third-quarter earnings expectati…
US stocks close higher; Nasdaq sets record close with 1.05% gain
On Oct 5 local time, the three main US stock indices closed higher, with the Nasdaq up 1.05% to a record close, the Dow up 0.18% and the S&P 500 up 0.67%. Large technology shares rose broadly, and cryptocurrencies, oil and gas and pharmaceu…
Putin backs plan for a dedicated neural network in Russian education
President Vladimir Putin supported a proposal to create a dedicated neural network for Russia's education sector at a video meeting with teachers on 5 October, Teacher's Day. Education Minister Sergey Kravtsov said the ministry will impleme…
More Than 250,000 Rally Across France as Student School Protests Escalate
More than 256,000 people rallied across France on Tuesday and hundreds of schools were shut or blockaded as students, parents and teachers demanded more education funding. Police fired tear gas in Paris and other cities, and Fox News, citin…
Earliest cold wave advisory issued for Gangwon's Taebaek, Pyeongchang mountains
South Korea's Korea Meteorological Administration issued a cold wave advisory for the mountain areas of Taebaek and Pyeongchang in Gangwon Province, effective at 9 p.m. on Oct. 5. Yonhap and the Dong-A Ilbo described it as the earliest cold…
French teen loses hand in school protest clash; over 5,000 detained
A 15-year-old male student lost a hand in a serious injury during a clash with security forces in the northern French city of Reims on Oct. 5, as high-school students continue blockading schools in protests across France. A police crowd-con…
IMF warns rapid hedge fund growth could amplify market risk
The IMF said in the second chapter of its Global Financial Stability Report, released on 6 October, that hedge fund risks to macro-financial stability need close attention, because fast asset growth can amplify price dislocations and liquid…
New York comptroller projects Wall Street profits above $90bn, record bonuses
New York State Comptroller Thomas DiNapoli estimated the state's securities industry will earn more than $90 billion (about 120 trillion won) this year, up from $65.1 billion last year, and that Wall Street bonuses will rise again to a reco…