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385 noticiasJapan regulator investigates Asahi, Kirin, Sapporo and Suntory over beer price cartel
Japan's Fair Trade Commission carried out a mandatory investigation on 7 October into four major brewers — Asahi, Kirin, Sapporo and Suntory — over suspected prior coordination of beer price increases, which would breach Japan's Antimonopol…
UAE sets phased caps on salt, sugar and fat in packaged foods, fines up to Dh500,000
The UAE’s Ministry of Health and Prevention has begun implementing a resolution that caps sodium, sugar and fat in selected packaged foods, with phased limits running until the end of 2030. The rules apply to locally made and imported produ…
South Korea weighs ending military service exemptions for athletes and artists
South Korea’s Defense Ministry said on October 6 that it is considering tightening or abolishing the military service exemption granted to athletes and artists, after some Asian Games gold medalists said exemption mattered more to them than…
Trump says he is considering suspending federal gas tax ahead of midterms
President Donald Trump said Tuesday his administration is considering suspending the federal gas tax, as pump prices remain far above last year's levels a month before the midterm elections. Any suspension would require Congress, which is n…
More Than 250,000 Rally Across France as Student School Protests Escalate
More than 256,000 people rallied across France on Tuesday and hundreds of schools were shut or blockaded as students, parents and teachers demanded more education funding. Police fired tear gas in Paris and other cities, and Fox News, citin…
Defense 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…
Korea's top individual tax delinquent Kwon Hyuk to pay 393.8 billion won
The National Tax Service said on Oct 7 that Kwon Hyuk, chairman of Sido Group and the country's largest individual tax delinquent, has submitted a plan to pay his personal back taxes of 393.8 billion won in full, 15 years after the tax was …
Land minister says Gangnam, Yongsan home prices have turned negative
Land, Infrastructure and Transport Minister Hong Ji-seon told a National Assembly audit on Oct 7 that home prices in Seoul's Gangnam three districts and Yongsan have turned negative, and said price growth should ease with the market stabili…
France's interior minister suspends police use of stun grenades in protests
French Interior Minister Laurent Nunes ordered police to suspend the use of stun grenades during protests, saying the measure applies to student protests until the circumstances of a specific case are clarified. The order followed an incide…
Xbox says GTA 6 will not stream exclusively or to PC, after report of streaming deal
Xbox chief strategy officer Matthew Ball said Grand Theft Auto VI will not be streaming exclusively on Xbox, nor to PC, pushing back on an earlier report that Xbox had secured exclusive cloud streaming rights to the game. The Verge had repo…
Asian Games exemption row widens: Ahn seeks abolition, ruling party open to overhaul
People Power Party lawmaker Ahn Cheol-soo said on 7 October that the military service exemption for Asian Games gold medalists should be abolished starting with this tournament, arguing it is set by presidential decree and President Lee Jae…
Cornell trustees tap Sally Yates to review handling of sex assault claims
Cornell University trustees announced Tuesday that Sally Yates, a former deputy U.S. attorney general, will lead an independent review of how the university handles sexual misconduct complaints, including the alleged 2024 assault of a forme…
S. Korea farm minister says minor farmland survey violations won't be punished
Agriculture minister Song Mi-ryung told a parliamentary audit on Oct 7 that most ordinary, customary violations found in the government's full farmland survey would not be punished, and that the government has no plan or reason to confiscat…
Russia drafts 5,000-ruble cap on fees for state-service filings via Post, MFC
The Russian government has prepared a draft decree allowing Russian Post and multifunctional centres (MFCs) to charge up to 5,000 rubles for accepting applications for state services and delivering finished documents, RBC reported, citing t…
El Prime Day de octubre de Amazon se celebra del 6 al 8 de octubre mientras los minoristas bajan precios con antelación
El Prime Day de octubre de Amazon, también llamado Prime Big Deal Days, se celebra desde el 6 de octubre a las 3 a. m. ET hasta las 3 a. m. ET del 8 de octubre, con descuentos ya activos, según The Verge, NBC News y Wired. Wired incluyó los…
FT: EU weighs universal corporate levy to raise taxes on US tech giants
The European Commission is considering a new mechanism to raise more tax revenue from large US technology companies without singling them out as a separate category, the Financial Times reported, citing unnamed sources. Under discussion is …
Korea's FSS tells 21 securities firms to shift to preventive internal audits
The Financial Supervisory Service met auditors from 21 securities firms in Seoul on Oct 7 and told them to move from audits that catch problems after the fact to preventive checks that protect investors first. The regulator cited repeated v…
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.…
SME Minister Lee So-young unveils startup venture regulatory innovation committee at audit
South Korea's SMEs and startups minister, Lee So-young, said on October 7 that her ministry will create a "Startup Venture Regulatory Innovation Committee" to find regulatory improvements, and set out plans to expand the small-business soci…
Russia to launch first MFC-style government services point abroad in Tashkent
Russian citizens abroad will be able to receive Russian government services in a format similar to multifunctional centres (MFC), Deputy Prime Minister Dmitry Grigorenko said on Wednesday. The first such point is being prepared at the Russi…