Finance & markets, Consumer, International, Technology
394 storiesNikkei 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…
US and China discussed mutual nuclear facility visits, CNN reports
CNN reported, citing multiple sources, that the US and China have discussed mutual visits to each other's nuclear-related facilities, with Washington planning to pursue the idea at face-to-face meetings in coming months. The talks are infor…
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…
Hong Kong stocks close higher as Hang Seng rises 0.28%, tech index gains 0.62%
Hong Kong's Hang Seng Index fell 0.08% at the midday break on Oct 5 while the Hang Seng Tech Index rose 0.27%, figures reported by 36Kr, CLS and Jiemian showed. By the close, 36Kr reported the Hang Seng Index up 0.28% and the tech gauge up …
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, …
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, …
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…
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…
Nippon Ham to cut Schauessen pack weight by 10g, keeping price unchanged
Nippon Ham said it will reduce the contents of its flagship “Schauessen” sausages from 117 grams to 107 grams per pack for deliveries from October 1, leaving the reference retail price of 702 yen including tax for two bundles unchanged — an…
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 …
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…
China, Laos open military facilities at Lao airport; experts cite possible overseas base
China's defence ministry said on Sept 29 that it and Laos had begun operating a “joint support training centre” and an “aviation academy” at Bunkun airport, about 50 km north of Vientiane, with the two countries jointly maintaining the faci…
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…
South Korea says 157 ticket scalpers arrested under stricter anti-scalping law
Culture Minister Choi Hwi-young told a cabinet meeting that 157 ticket scalpers had been arrested since revised anti-scalping laws took effect on Aug. 28, Yonhap and Asia Economy reported. He said the public had filed 68,158 reports and tha…
US urges Russia to disclose details of suspected plague pathogen leak at Irkutsk lab
The Trump administration has called on Russia to release more information about a suspected plague pathogen leak at a research institute in Irkutsk, saying it cannot decide its response without the facts. US Secretary of State Marco Rubio s…
KB Kookmin Card, MoonPay and Finger sign digital asset payment partnership
KB Kookmin Card said it signed a partnership with global digital asset payment infrastructure company MoonPay and fintech firm Finger to cooperate on digital asset and stablecoin-based payment services, with a joint concept proof planned. T…
Trump says US still working on Ukraine settlement, end is approaching
US President Donald Trump said Washington is continuing work on settling the Russia-Ukraine conflict and that a conclusion “really is approaching”, speaking at an event in the state of Maryland. TASS reported he acknowledged he had expected…