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593 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…
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…
Nvidia CEO's son-in-law Nico Caprez rises to vice president, reports say
Nico Caprez (35), the son-in-law of Nvidia CEO Jensen Huang, has become vice president for global AI infrastructure growth, according to a report by The Information on Oct. 5 that Yonhap and the Kyunghyang Shinmun relayed. He was promoted i…
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…
Paramount closes Warner Bros. Discovery takeover, creating Skydance
Paramount Skydance closed its acquisition of Warner Bros. Discovery on Tuesday, creating a company named Skydance led by CEO David Ellison and co-CEO Ynon Kreiz. The merged company brings CNN, CBS News, HBO Max and Paramount+ under one roof…
Paramount Skydance completes $110bn Warner Bros. Discovery takeover
Paramount Skydance said on October 6 that it has completed its acquisition of Warner Bros. Discovery in a deal valued at about $110 billion (roughly ¥17 trillion). The combined company will be named Skydance and will hold two Hollywood film…
Defense ministry to pursue cut, abolition of alternative service for arts, sports
South Korea’s Defense Ministry said on Oct 6 that it plans to ultimately pursue a reduction and abolition of supplementary military service, including arts and sports personnel, and to reflect it in the defense reform basic plan. Spokespers…
Asian Games gold row widens as parties in South Korea seek exemption review
South Korea beat Japan 1-0 on October 3 to win a fourth consecutive Asian Games men's football gold, a result that exempts most of the squad from military service. A locker-room photo of Park Seung-su in a discharge hat, captain Lee Ki-hyuk…
South Korea's Lee orders CPTPP talks restarted from the beginning amid farm concerns
President Lee Jae-myung instructed at a cabinet meeting on Oct 6 that the government should not fix a conclusion on joining the CPTPP and should “restart dialogue from the beginning,” saying the pact's strategic value is cited alongside ver…
Netherlands proposes civilian reserve of 150,000 for emergencies
The Netherlands has proposed creating a civilian reserve for crises, with RTL reporting a target of 150,000 reservists for emergency situations, according to TASS. The reported roles include drivers, security guards and mechanics. RBC repor…
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…
Yen weakens in Tokyo to 158-yen range as US long-term yields rise
The yen traded weaker against the dollar in Tokyo on Oct. 5, quoted at 158.09–11 around 1 p.m., 52 sen weaker than the previous week's close, Sankei Shimbun reported. Sankei attributed the dollar buying to higher US long-term yields and cit…
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.…
JR East to start teppay code payment in Mobile Suica on Oct 20, raising limit to ¥300,000
JR East said teppay, a code payment service added to the Mobile Suica app, will start on Oct 20 from 11:00, allowing purchases above Suica e-money's ¥20,000 ceiling and transfers of balance between users. Identity verification with a My Num…
Shinsegae invests $1bn in Warner Bros. deal as Paramount completes takeover
Shinsegae Group said its unit Shinsegae Property will invest $1bn (about 1.4 trillion won) in the takeover of Warner Bros. led by Paramount Skydance, alongside David Ellison and US investment firm RedBird. Paramount completed the acquisitio…
Korea picks Ttaom trademark, Wando typeface in Korean-language design awards
The Intellectual Property Office on Oct. 6 named Binggrae’s “Ttaom” the year’s beautiful Korean-language trademark, Wando County’s “Wando Huimang-che” the beautiful Hangul typeface and a gat-shaped tumbler by Jeong Lab and Lee Jae-wook the …
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, …
LG Electronics signs 5GW AI data center cooling supply deal in North America
LG Electronics said its US subsidiary signed a long-term supply agreement with North American infrastructure platform company AIR Control Concept to provide chillers and other cooling solutions for a total of 5GW of AI data centers. The com…
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…