Finance & markets, Consumer, Climate & environment, Energy
331 storiesUS 10-year Treasury yield hits highest since 2002 as long-dated selloff extends
US long-dated Treasury yields climbed to their highest levels since 2002 on Oct 5, with the 10-year reaching about 5.35% and the 30-year above 5.70%. Chosun Ilbo reported the 10-year closed the third quarter at 5.29%, the biggest quarterly …
Russia's Finance Ministry places 39.13 bln rubles of OFZ 26252 bonds at auction
Russia's Finance Ministry held an auction on 7 October for federal loan bonds of the OFZ-PD 26252 series and placed 39.13 bln rubles of the issue, TASS reported, citing demand of 134.371 bln rubles. The ministry had announced the auction a …
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…
South Korea's Lee chairs public report on K-GX green transition strategy
President Lee Jae-myung chaired a public report in Seoul on October 7 presenting the Korean-style Green Grand Transition (K-GX) strategy and the K-GX Signature Project private investment plan. About 80 people attended, including Deputy Prim…
Amazon’s October Prime Day runs October 6-8 as retailers cut prices early
Amazon’s October Prime Day, also called Prime Big Deal Days, runs from October 6 at 3AM ET through 3AM ET on October 8, with discounts already live, according to The Verge, NBC News and Wired. Wired listed Google Pixel Buds Pro 2 at $190 ($…
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…
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 …
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…
Japan farm ministry orders Fukui seafood firm over mislabeled Echizen crab gifts
Japan's agriculture ministry issued a measures order on Oct 6 against Fukumaru Foods, a seafood processor in Echizen Town, Fukui Prefecture, for labeling products as Echizen crab while using mizugani, a crab not counted as Echizen crab. The…
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…
Hang Seng Tech Index to expand to 50 constituents under six-part revamp
Hang Seng Indexes Company announced six revisions to the Hang Seng Tech Index's compilation method, including raising the number of constituents from 30 to 50. The requirement that candidates belong to designated industries is dropped, six …
Second National Growth Fund round sells 316.2 bln won in four days, 52.7% of target
The second round of South Korea's state-backed National Participation National Growth Fund sold 316.2 billion won in its first four days, 52.7% of its 600 billion won target, the Financial Services Commission said. The remaining 283.43 bill…
Nine crested ibis released in Ishikawa in second Honshu release
Nine crested ibis were released on Oct. 7 in Nakanoto Town, Ishikawa Prefecture, the second release of the birds on Japan's main island of Honshu. A temporary cage was opened at about 11:30 a.m. under the “soft release” method; Nippon TV Ne…
Euro falls to 17-month low as Spain and France political uncertainty rattles markets
The euro fell to its weakest level since May 2025, dropping below $1.12 against the dollar, as political and fiscal uncertainty in Spain and France weighed on the currency. Spanish Prime Minister Pedro Sánchez called a snap election for Nov…
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…
Korea says US nuclear project could take shape around 2028
South Korea's industry ministry presented details of a nuclear framework agreed with the United States that covers eight large reactors in the US at a total of $120bn, six using Westinghouse's AP1000 and two using Korea's APR1400. Ministry …
Spot gold falls about 1% below $4,120 an ounce, silver drops nearly 2%
Spot gold and silver prices fell on Oct 7, 2026, according to short market updates from three Chinese business outlets. CLS first reported spot gold down 0.93% at $4,124.89 an ounce and spot silver down 1.60% at $60.35 an ounce, figures Jie…
Largest Anti-Accident Exercises in Nuclear Industry Begin at Beloyarsk NPP
Comprehensive anti-accident exercises KPU-2026 began on October 6 at the Beloyarsk Nuclear Power Plant in Sverdlovsk region, according to RBC. TASS reported the drills are the largest in the nuclear industry and involve more than 1,000 peop…
Bank of Russia keeps list of systemically important banks unchanged
The Bank of Russia has left its list of systemically important credit institutions unchanged, keeping 12 banks on it, according to the regulator's website. The banks on the list account for almost 80% of the combined assets of the Russian b…
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 …