Finance & markets, Climate & environment, Policy & regulation, IT & software
446 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…
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…
UAE ranks first globally in citizen satisfaction with government digital services
The UAE ranked first globally in citizen satisfaction with government digital services, with 89% of respondents rating them highly, according to Boston Consulting Group’s 2026 Digital Government Citizen Survey Report. The survey, conducted …
Goldman Sachs warns Samsung volatility may spike on Oct. 8 events
Goldman Sachs said Samsung Electronics shares could swing sharply on October 8, when preliminary third-quarter results fall on the same day as semiconductor ETF rebalancing, options expiry and the end of a share buyback. The bank cut its th…
SME Minister Lee So-young unveils startup venture regulatory innovation committee at audit
South Korea's SMEs and startups minister, Lee So-young, said on October 7 that her ministry will create a "Startup Venture Regulatory Innovation Committee" to find regulatory improvements, and set out plans to expand the small-business soci…
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…
South Korea re-designates 92 population decline regions, adding Busan Geumjeong, Dongducheon and Tongyeong
South Korea's Ministry of the Interior and Safety re-designated 92 cities, counties and districts as population decline regions on Oct. 7, up from 89 in the first designation five years ago. Busan's Geumjeong-gu, Gyeonggi's Dongducheon and …
Korea financial regulator orders AI-based defense after hacking wave
South Korea’s Financial Services Commission held an emergency meeting on 4 October after hacking and data leaks were confirmed at seven financial companies, including Shinhan, KB Kookmin, Hana and BNK Busan banks, savings banks Yegaram and …
Shinhan Bank data breach victims move toward class action in Seoul
A law firm in Seoul has begun recruiting plaintiffs for a damages class action against Shinhan Bank over a data breach that exposed about 25,000 customers’ personal information on Oct. 1. Shinhan’s chief executive has apologised and promise…
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…
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…
Korea police open formal probe into AI-linked hacking of financial firms
South Korean police have converted their investigation into a series of AI-linked hacking attacks on financial institutions into a formal probe, assigning a 28-member, four-team dedicated unit. Data leaks have been confirmed at seven financ…
Korea financial regulator orders full security review after bank data leaks
Financial Services Commission Chairman Lee Eok-won chaired an emergency meeting of the entire financial sector in Seoul on Oct. 4 after customer data leaks spread from major banks to non-bank lenders, saying the possibility of AI-enabled ha…
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 …
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…
Korea forecasts clear, chilly weather with 15-degree day-night temperature swing
South Korea's official forecast and local outlets predicted mostly clear skies for Tuesday, Oct. 6 and Wednesday, Oct. 7, with cold mornings and a day-night temperature difference of about 15 degrees Celsius. Tuesday's forecast included mor…
GMO Research & AI says up to 948,498 infoQ members' data breached; site halted
GMO Research & AI said a vulnerability in its survey site infoQ was exploited and personal data for up to 948,498 members was taken out. Points worth about 2.87 million yen were exchanged without members' consent, which the company said it …
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…
S. Korea farm minister says minor farmland survey violations won't be punished
Agriculture minister Song Mi-ryung told a parliamentary audit on Oct 7 that most ordinary, customary violations found in the government's full farmland survey would not be punished, and that the government has no plan or reason to confiscat…