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484 storiesKOSPI 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…
Won closes at 1,343.6 per dollar, down 0.4 won
The won closed at 1,343.6 per dollar on Oct. 6, down 0.4 won from the previous session, according to the 15:30 reference rate reported by Yonhap, Chosun Ilbo and Newsis. In morning trading the rate stood at 1,344 won, down 6.6 won (0.48%) f…
Ukraine criticizes South Korea over reported diesel shipments to Russia
Ukraine's presidential office sanctions adviser, Vladyslav Vlasiuk, publicly criticized South Korea over a Guardian report that seven tankers carried more than 176,000 tonnes of petroleum products, mostly diesel, from South Korean ports to …
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…
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…
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…
Trump repeats Alaska LNG charge threat as Vance says Korea details unresolved
US President Donald Trump said on 2 October that if South Korea does not invest in the Alaska LNG project, Washington can charge it more, and Seoul should be told the amount will double if it does not agree soon. Korean outlets reported tha…
Trump says a phone call with Putin is planned “very soon”
US President Donald Trump said a telephone call with Russian President Vladimir Putin is planned and will take place “very soon”. Trump gave no date or agenda. Russian outlets carried the announcement without reporting any Kremlin comment o…
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…
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, …
Boston Dynamics names former Amazon AI executive Rohit Prasad as CEO
Boston Dynamics, described by Korean outlets as Hyundai Motor Group's robot affiliate, said it has appointed Rohit Prasad, a former Amazon executive who led work on the Alexa voice assistant, as its new chief executive. The company said the…
OpenAI publishes 722 AI-generated math manuscripts, sparking ethics debate
OpenAI has published 722 mathematics manuscripts, grouped into 372 result groups, produced by an unreleased internal frontier model, saying they solve or make substantive progress on hundreds of long-open problems. The release on GitHub inc…
South Korea: North Korean mines south of MDL breached armistice, minefield cleared
South Korea's Joint Chiefs of Staff concluded that a Sept. 21 landmine explosion on the western DMZ was caused by a North Korean mine placed about 10 metres south of the Military Demarcation Line, an armistice violation, and the military re…
UN North Korea mission's voicemail appears hacked, CNN reports
CNN reported on October 6 that the voicemail of the landline listed for North Korea's mission to the United Nations in New York appeared to have been hacked. Callers heard a voice mocking North Korea's chronic food shortage and telling anyo…
Kim Jong Un congratulates Putin on his 74th birthday
North Korean leader Kim Jong Un sent a telegram to Vladimir Putin congratulating him on his 74th birthday on October 7. Kim praised Russia's strengthened status under Putin and emphasised the comprehensive strategic partnership between thei…
Russian stock indices open higher on Ukraine talks hopes, LUKOIL report
The Moscow Exchange and RTS indices rose at the opening of trading on Monday, with Interfax reporting a 0.7% gain and TASS reporting 0.6%. Interfax attributed the rise to hopes of lower geopolitical risks and a continued negotiating track o…
SpaceX seeks $40bn Apollo-led financing to buy Nvidia chips, reports say
SpaceX is seeking about $40bn in financing, led by Apollo Global Management, to buy Nvidia chips, according to reports citing people familiar with the matter. The company plans roughly $10bn in bank loans and $30bn in investment-grade bonds…
Egypt's Sisi to make state visit to South Korea Oct 7-9, summit with Lee on Oct 8
Egyptian President Abdel Fattah el-Sisi will make a state visit to South Korea from Oct 7 to 9 at President Lee Jae-myung's invitation, the Blue House said in a written briefing on Tuesday. The two leaders will hold a summit on Oct 8, prece…
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, …
Vance says Iran must cut uranium enrichment capacity to end war with US
US Vice President JD Vance said Iran must make a substantial reduction in its uranium enrichment capacity to end its conflict with the United States, while saying Washington remains open to a peace deal. Kommersant reported that the US also…