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957 storiesLG Electronics Q3 revenue 23.8 trillion won, operating profit up 13.5% but below consensus
LG Electronics reported preliminary third-quarter revenue of 23.827 trillion won, up 8.9% from a year earlier, and operating profit of 781.8 billion won, up 13.5%. Both figures fell short of the average analyst consensus, and the shares dro…
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 …
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…
KT&G starts Indonesian cigarette plant, its largest overseas production base
KT&G held an opening ceremony on Oct 6 in Pasuruan, East Java, for a new Indonesian cigarette plant that brings its annual production capacity in the country to as much as 35 billion sticks. The company said the plant completes a “global fi…
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…
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…
Samsung Biologics union seeks direct bargaining with Samsung Electronics
The Samsung Biologics Sangsaeng labor union said it sent Samsung Electronics a formal request for collective bargaining over personnel and compensation systems, arguing the larger company is a de facto employer. It asked Samsung Electronics…
Russia's Finance Ministry places 39.13 bln rubles of OFZ 26252 bonds at auction
Russia's Finance Ministry held an auction on 7 October for federal loan bonds of the OFZ-PD 26252 series and placed 39.13 bln rubles of the issue, TASS reported, citing demand of 134.371 bln rubles. The ministry had announced the auction a …
Trump announces $6.6B Anduril-Navy shipyard in Baltimore for submarine components
President Trump announced a $6.6 billion project by Anduril Industries and the US government to build a shipyard at Sparrows Point near Baltimore for Virginia-class submarine components. Anduril is investing $3.7 billion and the Navy holds …
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…
Korea opens export booth at Frankfurt Book Fair, debuts K-Book Global 100
The Ministry of Culture, Sports and Tourism and the Korea Publishing Industry Promotion Agency are running an export consultation booth at the 2026 Frankfurt Book Fair, held from October 7 to 11 in Frankfurt am Main, with 15 Korean publishe…
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…
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…
HD Hyundai names Lee Sang-kyun to lead shipbuilding in 2026 executive reshuffle
HD Hyundai announced its 2026 president-level appointments on Oct 7, naming Vice Chairman Lee Sang-kyun as head of the group's shipbuilding business and promoting Cho Min-soo to president and safety chief representative director at HD Hyund…
Times Car data leak class action sign-ups top 40,000
Registrations on a website set up to prepare a class action over the Times Car personal data leak passed 40,000 by 2 pm on Oct 5, Livedoor News reported. Lawyer Hiroki Makino opened the site on Sept 30 to seek damages over the handling of p…
Russian missile and drone attacks kill at least 21 across Ukraine, officials say
Russian missiles and drones struck Kyiv and about a dozen other Ukrainian regions overnight into Wednesday, killing at least 21 civilians, including four children, and wounding around 60, Ukrainian officials said, according to the Associate…
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…
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…
New York stocks open lower; Dow falls 273 points as bond yields rise
New York stocks opened lower on Oct. 5. As of 9:45 a.m., the Dow Jones Industrial Average was down 273.01 points at 50,903.95, Nikkei reported, saying rising U.S. long-term interest rates weighed on cyclical shares while some tech stocks dr…