Finance & markets, IT & software, Policy & regulation, AI
552 storiesArmy study found ICE shock gloves cause pain, compliance and fear, AP reports
A previously unreleased Army study found that shock gloves now purchased by U.S. Immigration and Customs Enforcement caused intense pain, immediate compliance and fear of further shocks during a 2024 military exercise. Records obtained by t…
Abu Dhabi's AI Everything opens with 400 exhibitors alongside Global Food Week
AI Everything 2026 opened on 6 October at the ADNEC Centre Abu Dhabi and runs to 7 October, with WAM reporting 400 exhibitors and 180 speakers, and Economy Middle East reporting more than 400 companies, 200-plus investors managing about $10…
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 …
US 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 …
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…
Daiwa Securities and Osaka university report cyberattacks; data may have leaked
Daiwa Securities said a contractor’s server was illegally accessed and information on about 110,000 customers may have leaked, while Osaka Metropolitan University said a ransomware attack is the suspected cause of a system failure that was …
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…
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…
FT: EU weighs universal corporate levy to raise taxes on US tech giants
The European Commission is considering a new mechanism to raise more tax revenue from large US technology companies without singling them out as a separate category, the Financial Times reported, citing unnamed sources. Under discussion is …
Korea to factor Korean proficiency into student visas, tighten screening
South Korea’s Justice Ministry announced plans to weigh Korean-language ability across its foreign student visa system, exempting students with TOPIK level 4 or social integration programme stage 4 from proving financial capacity. Universit…
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…
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, covering 4…
AMD's Lisa Su visits Korea, agrees AI chip cooperation with local firms
AMD chair and CEO Lisa Su visited Korea on Oct. 7, about seven months after her March trip, meeting Second Vice Minister Ryu Je-myeong of the Science and ICT Ministry and a roundtable of Korean AI semiconductor and infrastructure companies.…
HIS says up to 627 customers' passport data may have leaked after Thai unit breach
HIS announced on October 7 that up to 627 customers' passport details may have leaked after unauthorized access to a file server at its Thai subsidiary, H.I.S. TOURS. The company said it detected the access in December 2025 and identified t…
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…
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…
Trump announces “Super Intelligence Force” AI task force led by Jay Clayton
President Donald Trump announced Sunday the creation of a “Super Intelligence Force,” a federal task force he said will coordinate government efforts to keep the United States leading in artificial intelligence, which he has directed the fe…
Defense minister: arts, sports military service exemption to be cut and abolished
South Korea's defense minister said on Oct 7 that the goal is to gradually reduce the arts and sports military service exemption and ultimately abolish it, after controversy over remarks by Asian Games football gold medallists about the exe…
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 his personal back taxes of 393.8 billion won in full, 15 years after the tax was …