Finance & markets, Technology, Sports
486 storiesAMD 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, …
Ronaldo says he deserves punishment for leaving Portugal camp, will not retire
Cristiano Ronaldo said he deserves punishment for leaving the Portugal national team camp and that he will not retire from the national team, in a 10-page statement posted on social media. He said responsibility for the departure was entire…
Ronaldo says he left Portugal squad over broken promises, signals return
Cristiano Ronaldo, 41, said he left the Portugal national team during the current window because coach Jorge Jesus broke promises made to him, in a statement posted on his social media on October 6. In the statement he said he has not ended…
Son Heung-min passes Cha Bum-kun with 59th goal, South Korea beat Uzbekistan 2-0
Son Heung-min scored his 59th international goal from a free kick in South Korea’s friendly against Uzbekistan at Yongin Mir Stadium, passing Cha Bum-kun’s 58 to become the country’s leading men’s scorer. South Korea won 2-0, with Kyunghyan…
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…
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…
Brisbane 2032 Games unveil cockatoo-themed Olympic and Paralympic emblems
Brisbane 2032 organisers unveiled the Olympic and Paralympic emblems on the evening of October 5 at an event on the South Bank riverside in Brisbane, Australia. Both designs are built around Australian cockatoos, with the Queensland outline…
KT Wiz clinch 2026 KBO regular-season title with 9-0 win over Lotte
KT Wiz clinched the 2026 KBO regular-season title on Oct. 5, beating the Lotte Giants 9-0 at Suwon KT Wiz Park behind Logan Allen's eight scoreless innings and two home runs by Jang Jun-won. At 86-49-5 (.637), KT leads second-place Samsung …
Dodgers beat Braves 5-3 in MLB playoff opener; Murakami homers in White Sox win
The Dodgers beat the Braves 5-3 at home in Game 1 of the National League Division Series, with Ohtani Shohei going 4-for-1 and singling in his first postseason at-bat, Japanese outlets reported. In the American League, Murakami Munetaka’s t…
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 …
Apple and LG co-develop smart home devices including doorbell, lock and thermostat
Bloomberg reports that Apple and LG have co-developed a line of smart home devices, including a video doorbell, thermostat, smart deadbolt lock, indoor and outdoor security cameras and a floodlight camera. The products are expected to carry…
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…
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…
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…
Wall Street banks start selling $60bn Anthropic AI-chip loan, FT reports
Bank of America, Citigroup and Morgan Stanley have begun selling part of a $60bn loan that funds Anthropic's leasing of Google tensor processing units, according to the Financial Times, as reported by Yonhap. The sale is described as the la…
White Sox beat Guardians 4-3 to take 2-0 ALDS lead
The Chicago White Sox beat the Cleveland Guardians 4-3 on Monday in Cleveland to take a 2-0 lead in their American League Division Series. Braden Montgomery hit a two-run double in a three-run sixth inning and reliever Sean Burke allowed on…
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…
South Korea's Asian Games football gold overshadowed by military service row
South Korea's under-23 team beat Japan 1-0 in Toyota, Aichi Prefecture, on Oct. 3 to win a fourth consecutive Asian Games men's football gold, with Eom Ji-sung scoring. The win was followed by a controversy over players' remarks on the mili…
Weak US jobs data lift October Fed rate-hold bets; bitcoin slips below $86,000
US employment data came in weaker than expected, strengthening expectations the Federal Reserve will hold interest rates at its October meeting, with Kukmin Ilbo putting the odds of a hold at 78 percent. Major cryptocurrencies that had rise…