IT & software, War & conflict, Business
673 storiesKorean brokerages raise Cosmax target prices on expected Q3 earnings beat
Two Korean securities firms raised their target prices for cosmetics maker Cosmax on Oct 7, saying third-quarter results should come in above market consensus. Hana Securities lifted its target to 380,000 won from 305,000 won, and Daol Inve…
Lotte Biologics signs Alvotech contract to produce antibody biosimilars in New York
Lotte Biologics said it signed a production contract with Alvotech to manufacture multiple antibody biosimilar drug substances at its Syracuse, New York plant for supply to the global market. The signing ceremony was held at CPHI Milan 2026…
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…
Samsung Art Store to show 30 British Museum works on its art TVs
Samsung Electronics said it will present 30 representative works from the British Museum on Samsung Art Store, its art subscription service for Samsung TVs. The collection focuses on 19th-century British landscape painting, including pieces…
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.
MrMax says breach may have leaked data of up to 1,735,154 members
MrMax Holdings said on October 6 that unauthorized access to servers for its MrMax app and online store may have exposed personal information of up to 1,735,154 members. The company said member IDs, names, email addresses and telephone numb…
Paramount completes acquisition of Warner Bros. Discovery, reports say
Paramount has completed its acquisition of Warner Bros. Discovery, according to reports cited by Chinese business outlets CLS and Yicai. The deal followed a months-long contest in which Ellison submitted nine bids and beat rival Netflix, an…
Daiwa Securities: vendor breach may have exposed data of 110,000 customers
Daiwa Securities said on Oct 5 that a server at outsourcing vendor Scalar Communications was subject to unauthorized access and that about 220,000 records may have leaked, including names, email addresses and securities account numbers for …
Boston Dynamics names former Amazon Alexa executive Rohit Prasad as CEO
Boston Dynamics, the robot subsidiary of Hyundai Motor Group, said it has hired Rohit Prasad, a former Amazon executive who led work on the Alexa voice assistant, as its new chief executive. The company said the appointment is aimed at stre…
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…
Korea financial regulator orders AI-based defense after hacking wave
South Korea’s Financial Services Commission held an emergency meeting on 4 October after hacking and data leaks were confirmed at seven financial companies, including Shinhan, KB Kookmin, Hana and BNK Busan banks, savings banks Yegaram and …
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 …
Two large Seoul churches show signs of cyberattack; member data feared leaked
An analysis by cyber threat intelligence company Oasis Security found evidence that two large South Korean churches were hit by cyberattacks, with member records, donation and accounting data and internal documents found on an overseas atta…
Same attacker IP found at seven South Korean financial firms in suspected AI hacks
Financial authorities said the same attacker IP appeared in intrusion cases at seven South Korean companies — Shinhan, KB Kookmin, Hana, BNK Busan Bank, Yegaram and Welcome savings banks and Hyundai Capital — with AI tools suspected in larg…
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…
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 …
Paramount Skydance completes $110bn Warner Bros. Discovery takeover
Paramount Skydance said on October 6 that it has completed its acquisition of Warner Bros. Discovery in a deal valued at about $110 billion (roughly ¥17 trillion). The combined company will be named Skydance and will hold two Hollywood film…
Korean brokerages cut Samsung Biologics target price on rights issue dilution
Hana Securities and Daol Investment Securities both trimmed their target prices for Samsung Biologics on Oct 6, citing share dilution from a rights issue, while keeping buy ratings. Hana cut its target to 1.95 million won from 2.03 million …