Finance & markets, Technology, War & conflict
473 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, …
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…
Saudi-led coalition says it intercepted Houthi missile aimed at Khamis Mushait
The Saudi-led coalition said it intercepted and destroyed a ballistic missile that Yemen's Houthis fired toward Khamis Mushait, a city in southwestern Saudi Arabia. Coalition spokesman Turki al-Maliki said Houthi-held Sanaa and the province…
Three drones downed over Russia’s Penza Oblast, governor says
Three drones were destroyed over Penza Oblast, the regional governor, Oleg Melnichenko, said. Preliminary information indicates there were no casualties and no damage, according to the governor and state news agencies.
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…
Pentagon withdraws all bombers from UK's RAF Fairford after suspected terror plot
The Pentagon said all U.S. bombers deployed to Royal Air Force Fairford in England have returned to their home stations in the United States, after a suspected terror plot against the base; the New York Times reported the withdrawal followe…
Yemeni government announces “liberation war” offensive against Houthi forces
Yemen's government announced on October 4 the launch of a military operation against the Houthi movement, with army spokesman Majid al-Nuzaili calling it a “liberation war” to recover all national territory and offering pardons to Houthi fi…
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…
Turkey, Pakistan to send forces to Saudi Arabia as Houthi strikes widen
Turkey and Pakistan said they will provide agreed military forces and take steps to deploy them rapidly to Saudi Arabia, after an emergency meeting in Riyadh on Oct. 5, in the first activation of the Mecca Joint Defense Agreement signed on …
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…
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…
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…
US CENTCOM denies reports of a US Navy helicopter lost over the Red Sea
US Central Command denied reports that a US Navy helicopter was shot down over the Red Sea, saying all US aircraft and personnel in the Middle East are safe. CENTCOM also accused Iranian state media of spreading false information. Vedomosti…
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…
NATO commander drafts drone and AI strategy against possible Russian attack
NATO's top military commander is drawing up a strategy called a «victory theory» that would use artificial intelligence and other emerging technologies to repel a possible Russian attack on NATO's eastern flank, according to a non-classifie…
Drone strikes sink and damage commercial ships in western Black Sea
Drone strikes hit commercial shipping in the western Black Sea over two days, with two general cargo ships struck by air and naval drones in Bulgaria's exclusive economic zone, Bulgarian Prime Minister Rumen Radev said. Off Romania's coast,…
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…