Finance & markets, Policy & regulation, International
484 storiesNvidia 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…
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…
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…
President Lee vows to keep pledge to end “real estate speculation republic”
President Lee Jae-myung said on Oct. 5 in a post on X that his government will keep its promise to escape the “real estate speculation republic,” saying the country cannot be made to face a “lost 30 years” from real-estate bomb-passing even…
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…
Two Gyeongbuk public institutions win top grade in provincial evaluation
The Gyeongbuk Credit Guarantee Foundation and the Gyeongbuk Women's Policy Development Institute received the highest grade in Gyeongbuk province's evaluation of its public institutions, according to three local outlets. The reports gave no…
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…
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…
South Korea weighs ending military service exemptions for athletes and artists
South Korea’s Defense Ministry said on October 6 that it is considering tightening or abolishing the military service exemption granted to athletes and artists, after some Asian Games gold medalists said exemption mattered more to them than…
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…
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 signs order allowing tax-free red-dyed diesel on highways
President Donald Trump signed an executive order on Monday temporarily allowing off-road red-dyed diesel to be used for highway driving and deferring the federal excise tax on that fuel through the end of 2026 without interest or penalties.…
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…
Reports say US, China discuss mutual visits to nuclear facilities
US and Chinese officials have reportedly begun informal talks about mutual visits to nuclear facilities, according to CNN, as cited by Sankei Shimbun. The reported aim is to build confidence amid concern over China's rapid nuclear expansion…
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 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…
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…
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…