Education, Policy & regulation, Technology, Finance & markets
441 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…
Asian Games exemption row: Ahn Cheol-soo urges review, defense ministry regrets remarks
People Power Party lawmaker Ahn Cheol-soo said on 7 October that the military service exemption for Asian Games gold medalists should be reviewed for abolition starting with this tournament, noting the rule is a presidential decree that Pre…
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, …
Moscow Exchange index rises above 2,300 points for first time since Sept. 25
The Moscow Exchange index climbed above 2,300 points in Monday trading on 5 October, the first time since 25 September, gaining about 1%. Interfax and RBC attributed the move to hopes of lower geopolitical risks and a continued negotiating …
Land minister says Gangnam, Yongsan home prices have turned negative
Land, Infrastructure and Transport Minister Hong Ji-seon told a National Assembly audit on Oct 7 that home prices in Seoul's Gangnam three districts and Yongsan have turned negative, and said price growth should ease with the market stabili…
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…
UAE sets phased caps on salt, sugar and fat in packaged foods, fines up to Dh500,000
The UAE’s Ministry of Health and Prevention has begun implementing a resolution that caps sodium, sugar and fat in selected packaged foods, with phased limits running until the end of 2030. The rules apply to locally made and imported produ…
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…
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…
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…
Euro falls to 17-month low against dollar on French fiscal concerns
The euro dropped to a 17-month low against the U.S. dollar, touching $1.1161 on Monday, its weakest since May 2025, as concerns over France's public finances and a sharp selloff in French government bonds drove investors toward the greenbac…
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…
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…
Korea's top individual tax delinquent Kwon Hyuk to pay 393.8 billion won
The National Tax Service said on Oct 7 that Kwon Hyuk, chairman of Sido Group and the country's largest individual tax delinquent, has submitted a plan to pay 393.8 billion won in back taxes in full, 15 years after the tax was assessed. He …
Korea's FSS tells 21 securities firms to shift to preventive internal audits
The Financial Supervisory Service met auditors from 21 securities firms in Seoul on Oct 7 and told them to move from audits that catch problems after the fact to preventive checks that protect investors first. The regulator cited repeated v…
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…
Trump 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.…
South Korea culture ministry issues director-level personnel notice
South Korea's Ministry of Culture, Sports and Tourism released a personnel appointment notice on 5 October 2026, carried by Newsis, Yonhap, Seoul Economic Daily, Asia Economy, Kyunghyang Shinmun and Hankook Ilbo. Yonhap's summary described …
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…
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…