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456 storiesMoscow 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 …
OpenAI safety lead resigns, says company's safety culture is broken
David Robinson, who wrote the safety reports accompanying OpenAI's major model releases, has resigned and published an essay in The Atlantic saying the company's culture is "broken" and its approach to safety is reactive. He cited a July 20…
AI-agent hacking hits South Korean financial firms, security stocks surge
Cybersecurity attacks using AI agents led to customer data leaks at South Korean financial companies, spreading from commercial banks to savings banks and capital firms. Newsis reported that about 25,000 Shinhan Bank customers, 119 KB Kookm…
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…
AMD's Lisa Su visits Korea, agrees AI chip cooperation with local firms
AMD chair and CEO Lisa Su visited Korea on Oct. 7, about seven months after her March trip, meeting Second Vice Minister Ryu Je-myeong of the Science and ICT Ministry and a roundtable of Korean AI semiconductor and infrastructure companies.…
Nissui logistics unit outage halts shipments at 17 sites; unauthorized access suspected
Nissui said a system failure at its subsidiary Nissui Logistics has stopped inbound and outbound shipments at all 17 of the unit's warehouses. The company believes the cause was unauthorized access by a third party to a data center used by …
Hyundai launches 2027 Sonata The Edge with new Black N Line trim
Hyundai Motor launched the 2027 Sonata The Edge, an annual update of its mid-size sedan, on Oct. 7, adding a Black N Line design trim based on the top Inspiration grade with a black Hyundai emblem, black name lettering and 19-inch matte bla…
Jaguar unveils Type 01 electric GT in New York, priced from about $130,000
Jaguar revealed the Type 01, its first all-electric car and the production version of the Type 00 concept, at an event in New York City on Tuesday. The four-door grand tourer starts at about $130,000 in North America, a figure Jaguar confir…
US 10- and 30-year Treasury yields hit 24-year highs as global bond sell-off deepens
Yields on 10- and 30-year U.S. Treasury bonds hit 24-year highs on Wednesday, with the 10-year reaching 5.36% and the 30-year 5.73%, as a global bond sell-off deepened. Yields eased later after a strongly bid $39 billion auction of 10-year …
Ransomware attack on SoftBank unit's cloud affects 495 firms, municipalities
IDC Frontier, a SoftBank subsidiary, said part of its IDCF Cloud service was hit by unauthorized access that caused an outage from around 03:40 on October 7. The affected area is the East Japan Region 1, served by a data center in Shirakawa…
Abu Dhabi launches AiNative programme to train 20,000 government employees in AI
Abu Dhabi's Department of Government Enablement launched AiNative, an AI training programme, at the Ai Everything conference in Abu Dhabi on Wednesday. The programme aims to train 20,000 government employees by the end of 2026 and is part o…
Abu Dhabi's AI Everything opens with 400 exhibitors alongside Global Food Week
AI Everything 2026 opened on 6 October at the ADNEC Centre Abu Dhabi and runs to 7 October, with WAM reporting 400 exhibitors and 180 speakers, and Economy Middle East reporting more than 400 companies, 200-plus investors managing about $10…
Apple and LG Electronics jointly develop smart home devices under LG brand
Apple and LG Electronics are jointly developing smart home devices — a camera-equipped video doorbell, a smart door lock, a security camera and a smart temperature sensor and thermostat — to be sold under the LG brand, according to Bloomber…
SpaceX seeks $40 billion in borrowing to buy Nvidia chips, FT reports
SpaceX is in talks to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report cited by Reuters and MarketWatch. Bloomberg said it understands the financing would be among the biggest-ever debt financings…
Nvidia-backed Reflection AI unveils Beam, open-weight model to rival Chinese models
Reflection AI unveiled Beam, a 501-billion-parameter open-weight AI model that the New York-based startup says matches leading Chinese open models like Z.ai’s GLM-5.2 at lower compute cost. The Nvidia-backed company says Beam is in final sa…
US 10-year Treasury yield hits 5.362%, highest since 2002, as selloff resumes
On Oct 7 the US Treasury selloff resumed, with the 10-year yield rising to 5.362% intraday and the 30-year to 5.731%, both the highest since 2002, according to Yonhap. The move extends a record quarterly rise and is driven by inflation pres…
Turkey's Aselsan announces Astralink network of 198 low-orbit satellites
Aselsan CEO Ahmet Akyol said at the International Astronautical Congress in Antalya that Turkey is building Astralink, a low-orbit satellite constellation of 198 spacecraft, with the first launch planned within two years. Akyol said work be…
China's central bank adds to 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) at the end of August, according to figures carr…
HIS says up to 627 customers' passport data may have leaked after Thai unit breach
HIS announced on October 7 that up to 627 customers' passport details may have leaked after unauthorized access to a file server at its Thai subsidiary, H.I.S. TOURS. The company said it detected the access in December 2025 and identified t…
Korea police open formal probe into AI-linked hacking of financial firms
South Korean police have converted their investigation into a series of AI-linked hacking attacks on financial institutions into a formal probe, assigning a 28-member, four-team dedicated unit. Data leaks have been confirmed at seven financ…