Finance & markets, War & conflict, Technology, Business
838 storiesKorean 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…
Latvia says armed masked men from Belarus threatened its troops at border
Latvia's interior minister, Jānis Dombrava, said a group of masked people illegally crossed into Latvia from Belarus after the military stopped about 20 migrants from entering. Latvia's National Armed Forces said the migrants were accompani…
Russian drone strikes hit Kyiv's Northern Bridge; five of six shut
Russian drone strikes hit Kyiv's Pivnichnyi (Northern) Bridge over the Dnipro River on Saturday morning, injuring two people and damaging the road surface and overhead trolley wires, Mayor Vitaliy Klitschko said. Kyiv authorities closed fiv…
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…
Paramount Skydance closes $110bn Warner Bros. Discovery acquisition
Paramount Skydance completed its purchase of Warner Bros. Discovery for $110bn, and the combined company is named Skydance. Its shares will trade on the New York Stock Exchange under the ticker SKYD, while WBD shares stopped trading on Nasd…
Suhyup Bank president selection fails again at second committee vote
Suhyup Bank's bank president recommendation committee failed for a second time on Oct 6 to name a final candidate, because no nominee won the required four votes from the five-member panel. The vote again split 3-2 between incumbent preside…
Former Yaskawa Electric president Masahiro Ogawa dies at 62
Masahiro Ogawa, former president and vice chairman of Yaskawa Electric, died on Oct. 2 of illness at 62, the company announced on Oct. 5. An engineer who spent most of his career in the industrial robot business and helped open the US marke…
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…
Burger King ends Yoo Hae-jin ad campaign amid “Assassin(s)” dispute and boycott calls
Burger King ended its advertising campaign featuring actor Yoo Hae-jin for the autumn menu item Truffle Mushroom Whopper, about two weeks after the product's Sept 16 launch, as online calls to boycott products he advertises spread amid the …
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 …
Moscow Exchange index rises above 2,300 points for first time since Sept. 25
The Moscow Exchange index climbed above 2,300 points in Monday trading on 5 October, the first time since 25 September, gaining about 1%. Interfax and RBC attributed the move to hopes of lower geopolitical risks and a continued negotiating …
Hyundai Engineering wins 870bn-won Incheon data centre project with KT Cloud
Hyundai Engineering said it won a project worth about 870 billion won to build a 50-megawatt data centre in Incheon, with KT Cloud as joint contractor and, according to KT Cloud, design-build-operate partner. Hyundai Engineering says constr…
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…
Huawei and Qualcomm sign broad patent licensing deal covering 5G, AI and networking
Huawei and Qualcomm announced a multi-year, broad patent licensing agreement that cross-licenses their portfolios in 5G, computing, artificial intelligence and networking, with Qualcomm also acquiring some of Huawei's US patents in those fi…
Russia says its forces advance in northern and central Dobropolye
Russia's Defence Ministry said its assault groups advanced in the northern and central parts of Dobropolye, in the Donetsk People's Republic, and that marine infantry units finished clearing residential buildings in the city's eastern distr…
Russia's Defence Ministry says forces tighten encirclement in northeast Kharkiv region
Russia's Defence Ministry said units of its “North” grouping are tightening an encirclement of Ukrainian formations in northeastern Kharkiv region and expanding an outer zone of control, with fighting for several villages. The ministry said…
China's central bank raises 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) a month earlier, according to figures carried b…
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, …
Bank of Russia publishes digital depository register including Sberbank, VTB
The Bank of Russia has published a register of digital depositories that includes Sberbank and VTB, and VTB was also entered in the register of organisations conducting digital currency exchange. VTB said it expects to open crypto trading t…
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…