Finance & markets, Policy & regulation, War & conflict, Games
755 storiesDefense 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…
Saudi Arabia says 2 airports hit in renewed fighting with Houthis
Saudi Arabia’s General Authority of Civil Aviation said airports in Najran and Jizan were hit Monday, damaging both facilities and leaving three people lightly injured; the statement did not say who was responsible. A Houthi brigadier gener…
Seoul defense chief: North Korea appears “taken aback” by DMZ mine response
South Korean Defense Minister Kang Shin-chul told a parliamentary audit on October 7 that North Korea appeared “considerably taken aback” by Seoul’s response to the Demilitarized Zone explosion and its mine-clearing operation. He pointed to…
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.…
Swedish air force plane flew radar reconnaissance over Black Sea, TASS reports
Russian state outlets reported that a Swedish Air Force aircraft carried out reconnaissance over the Black Sea, with TASS saying the flight was radar reconnaissance and that the plane took off from the Malmen military base. TASS later repor…
FlyDubai co-pilot intended to crash jet into Ben Gurion, investigators say
Investigators believe the FlyDubai co-pilot who attacked his captain aboard a Dubai–Tel Aviv flight intended to crash the plane into Ben Gurion International Airport, according to NPR, Fox News and ABC News. The attacker was subdued by crew…
Explosions reported in Kyiv during air raid alert, Russian agencies say
Explosions were reported in Kyiv on the night of 3 October 2026, according to Russian state news agencies. TASS said the blasts came shortly after an air raid alert was declared in the Ukrainian capital, and reported a further round of expl…
Houthis say they struck targets across Saudi Arabia; coalition claims Red Sea gains
Yemen's Houthi movement said it fired missiles and drones at airports, oil and military sites across Saudi Arabia, naming Riyadh's King Khalid International Airport and an Aramco refinery at Rabigh, and warned international airlines to stop…
South Korea unveils 1,000 trillion won green transition plan to 2035
South Korea announced a “Korean-style Green Transition” (K-GX) strategy on Oct 7, pledging about 1,000 trillion won over ten years to 2035 — 200 trillion won in fiscal support and more than 790 trillion won in climate finance through five p…
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…
India's central bank raises key rate to 5.5%, first hike in 3 years 8 months
The Reserve Bank of India decided on 7 October to raise its main policy rate by 0.25 percentage points to 5.5%, the first increase in three years and eight months. Governor Sanjay Malhotra cited a worsening Middle East situation, sharp swin…
Bank of Russia raises official dollar rate to 84.93 rubles for October 6
The Bank of Russia set the official dollar rate for October 6 at 84.93 rubles, up 1.45 rubles from 83.48 rubles on October 3, with the euro rising 1.01 rubles to 95.33 rubles and the yuan up 0.22 rubles to 12.65 rubles. RBC reported the rub…
New York stocks open mixed as 10-year Treasury yield holds near 5.3%
New York's main stock indices opened mixed on October 5, with the Dow Jones Industrial Average down about 0.27% as the 10-year US Treasury yield held around 5.3%, a level Asia Economy described as the highest in several years. The S&P 500 a…
Panama-flagged tanker hit in Strait of Hormuz; Oman rescues 10, India says 12 hurt
A Panama-flagged tanker, the Onfis, was attacked in the Strait of Hormuz and a fire broke out aboard. Oman's defence ministry said its air force rescued 10 crew members about 9 nautical miles northeast of Lima in Musandam province and took …
European stock indices close higher on Oct 6 after mixed Oct 5 session
On Oct 6, 2026, major European stock indices all closed higher: the UK FTSE 100 rose 0.42%, France’s CAC 40 0.47%, Germany’s DAX 0.82% and Italy’s FTSE MIB 0.87%, according to CLS. The previous day, most indices rose but France’s CAC 40 fel…
JPX to cut TOPIX constituents from about 1,600 to 986 under new selection rules
Japan Exchange Group announced on Oct 7 that it will sharply reduce the number of companies in the TOPIX stock index, to 986 from 1,634, in a phased change running from late October to July 2028. A reassessment in October 2027 will decide w…
Star Wars: Galactic Racer Launches, Free for Amazon Prime Members via Luna
Star Wars: Galactic Racer, a roguelike-inspired racing game from Fuse Games, is out now on PlayStation 5, Windows PC, Xbox Series X|S and Amazon Luna. Amazon said Prime members can stream its single-player campaign at no extra cost through …
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…
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 …
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…