Education, Finance & markets, Policy & regulation
455 storiesTrump signs order allowing tax-free red-dyed diesel on highways
President Donald Trump signed an executive order on Monday temporarily allowing off-road red-dyed diesel to be used for highway driving and deferring the federal excise tax on that fuel through the end of 2026 without interest or penalties.…
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…
US 10- and 30-year Treasury yields hit 24-year highs as global bond sell-off deepens
Yields on 10- and 30-year U.S. Treasury bonds hit 24-year highs on Wednesday, with the 10-year reaching 5.36% and the 30-year 5.73%, as a global bond sell-off deepened. Yields eased later after a strongly bid $39 billion auction of 10-year …
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…
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…
Kazakhstan considers blocking social media accounts of children under 16
Kazakhstan's government has prepared amendments restricting online platforms for users under 16, and Prime Minister Olzhas Bektenov said in a reply to a parliamentary inquiry that temporarily blocking social media accounts of children under…
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…
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…
Moscow court fines Zoom 65.9 million rubles for repeat violation of Russian law
A Moscow court fined Zoom about 65.9 million rubles (65,936,494 rubles) for a repeat violation of Russian legislation on foreign internet companies, Interfax, Vedomosti and Kommersant reported. The case was heard under part 3 of article 13.…
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…
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…
French student protests widen to teachers and universities; hundreds of schools shut
High school students across France are protesting poor education conditions, and classes have been suspended at hundreds of schools. Education Minister Édouard Geoffray said on Oct 4 that about 400 to 500 high schools would be fully or part…
Russia proposes letting businesses register at an email address
Deputy Prime Minister Dmitry Grigorenko said a draft law has been prepared that would allow legal entities to register a business using an address in a state email system for official correspondence instead of a physical address. He said th…
US 10-year Treasury yield hits 5.362%, highest since 2002, as selloff resumes
On Oct 7 the US Treasury selloff resumed, with the 10-year yield rising to 5.362% intraday and the 30-year to 5.731%, both the highest since 2002, according to Yonhap. The move extends a record quarterly rise and is driven by inflation pres…
University of Arizona suspends fraternity activities over misconduct reports
The University of Arizona has placed its 21 Interfraternity Council chapters on “interim activities suspension” after persistent reports of misconduct including physical assault, hazing and drug and alcohol-related behaviour, Dean of Studen…
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…
FT: EU weighs broad corporate levy to raise taxes on US tech groups
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 …
Finland's finance ministry proposes raising retirement age to 70
Finland's Ministry of Finance has proposed raising the minimum retirement age to 70, according to a report titled “Trust in the Future”. The plan would increase the threshold by six months for each successive age group and forms part of a b…
Russia establishes Kurchatov and Alexandrov scholarships for students
The Russian government has established two named scholarships in honour of Soviet scientists Igor Kurchatov and Anatoly Alexandrov. Students will receive 30,000 rubles a month and postgraduates 50,000 rubles, with the Ministry of Education …
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…