Finance & markets, Consumer, Other, Society
281 storiesSouth 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…
Nvidia sets second straight record close; Korean AI supply chain shares rally
Nvidia closed 2.1% higher at $238.90 on October 5 in New York, a second consecutive record close, lifting its market capitalisation to about $5.76 trillion and putting the first $6 trillion valuation within reach. Korean outlets also report…
Amazon's Prime Big Deal Days Begin With Discounts on Apple Macs, AirPods and iPads
Amazon's fall Prime Big Deal Days sale is live, with early discounts on Apple products including AirPods Pro 3 at $179.00, down from $249.00, AirPods Max 2 at $429.00, and about $200 off most M5 MacBook Air models. Outlets also reported all…
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…
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…
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…
Hong Kong stocks open marginally lower; Hang Seng slips 0.04%
Hong Kong's Hang Seng Index opened 0.04% lower on 5 October 2026, while the Hang Seng Tech Index fell 0.47%. Yicai and Jiemian both reported that Meituan dropped more than 1% at the open, and 36Kr said home-appliance and software-services s…
Bucheon offers half-price admission at six attractions to local university students
Bucheon, in Gyeonggi Province, began offering a 50% discount on admission to six city attractions on Oct 6 for students at four local universities. Students must show a student ID or enrollment certificate; the night attraction Bucheon Lumi…
China Railway warns travellers over third-party ticket-grabbing platforms
China Railway issued a reminder that 12306 is its only official online ticket sales channel and said it has never cooperated with any third-party platform, according to IT Home and China News Service. The railway described bloggers in railw…
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…
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…
Daejeon beekeeper Park Heon-ui becomes city's first agriculture master
Daejeon announced that Park Heon-ui, head of the Daedeok-gu branch of the beekeeping research group under the Korea Rural Leaders Daejeon Metropolitan City Federation, passed the beekeeping category of the 7th Agriculture Master designation…
China Marks Long March 90th Anniversary With Holiday Exhibition Crowds
China News Service reported that exhibitions marking the 90th anniversary of the Red Army’s Long March victory drew large crowds across China during the National Day holiday. Beijing’s Military Museum received more than 320,000 visitors by …
Actress Jun Won-ju, 87, says she gifted half her assets to prevent inheritance dispute
Actress Jun Won-ju, 87, said she gifted half of her assets to her two sons and their wives in advance so they would not fight over her estate, speaking on MBC’s “PD수첩” episode “2026 Inheritance War: Time of the Family Left Behind,” which ai…
Ark's Cathie Wood Repeats $1.5 Million Bitcoin Forecast for 2030
Ark Invest CEO Cathie Wood has reiterated a forecast that bitcoin will reach $1.5 million by 2030, about 1665% above the roughly $85,000 level where the reports say it was trading. Wood points to institutional inflows, a more favourable US …
S&P 500 closes above 7,800 for first time; Nasdaq also at record
New York's three main indices closed higher on Oct 6, with the S&P 500 ending above 7,800 for the first time at 7,818.93 and the Nasdaq Composite at a record 27,599.79. Korean outlets attributed the gains to third-quarter earnings expectati…
US stocks close higher; Nasdaq sets record close with 1.05% gain
On Oct 5 local time, the three main US stock indices closed higher, with the Nasdaq up 1.05% to a record close, the Dow up 0.18% and the S&P 500 up 0.67%. Large technology shares rose broadly, and cryptocurrencies, oil and gas and pharmaceu…
IMF warns rapid hedge fund growth could amplify market risk
The IMF said in the second chapter of its Global Financial Stability Report, released on 6 October, that hedge fund risks to macro-financial stability need close attention, because fast asset growth can amplify price dislocations and liquid…
New York comptroller projects Wall Street profits above $90bn, record bonuses
New York State Comptroller Thomas DiNapoli estimated the state's securities industry will earn more than $90 billion (about 120 trillion won) this year, up from $65.1 billion last year, and that Wall Street bonuses will rise again to a reco…
Musk regains trillionaire status as SpaceX shares jump 7.63%
SpaceX shares closed 7.63% higher at $171.09 on Oct. 5, their highest level in about three months, after Morgan Stanley set a $300 target price. Forbes put Elon Musk's net worth at $1.046 trillion (about 1,400 trillion won), returning him t…