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266 storiesNikkei 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…
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…
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…
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…
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 …
Yoido Full Gospel Church says data of 850,000 members may have leaked in cyberattack
Yoido Full Gospel Church, South Korea's largest church, said data on about 850,000 members — names and dates of birth — may have been exposed after a cyberattack on its information system. The church said it was notified by the Korea Intern…
Nasdaq closes at record high as AI stocks rally despite rising Treasury yields
US stocks rose on October 5 local time, with the Nasdaq Composite closing at a record high as technology and AI-related shares gained despite rising Treasury yields. Yonhap reported the Dow rose 0.18% to 51,267.90 and the S&P 500 gained 0.6…
Korea financial regulator orders full security review after bank data leaks
Financial Services Commission Chairman Lee Eok-won chaired an emergency meeting of the entire financial sector in Seoul on Oct. 4 after customer data leaks spread from major banks to non-bank lenders, saying the possibility of AI-enabled ha…
Regulator identifies 19 attacker IPs in 12 countries in Korean bank hacking case
South Korea's Financial Supervisory Service has identified 19 IP addresses suspected of being used in hacking attacks on financial companies, spread across 12 countries including the United States, Japan and Hong Kong (China). The regulator…
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…
South Korea forecasts a cold, windy Oct. 6 with a 15C day-night temperature gap
South Korea's weather agency forecast a chilly, clear Oct. 6 with morning lows of about 3-14°C and a day-night temperature gap of roughly 15°C in most regions. Gangwon's inland and mountain areas were expected near or below 5°C, with winds …
KOSPI opens down 1.11% at 6,864.25; KOSDAQ falls 0.27%
South Korea’s KOSPI opened 77.14 points, or 1.11%, lower at 6,864.25 on 7 October, while the KOSDAQ opened down 2.47 points, or 0.27%, at 917.45. The benchmark index rebounded to 6,944.83 by 09:25 as individual investors bought, then fell b…
Citizen Watch says data of about 100,000 people may have leaked in contractor breach
Citizen Watch said on Oct 6 that personal information on about 100,000 people may have leaked after unauthorized access to a server run by an outside contractor. The access was to a server of Tokyo-based Scala Communications between the nig…
Nikkei says cyberattack sent about 9,000 spoofed emails to sources
Nikkei said on Oct. 4 that a cyberattack on a staff Microsoft 365 account let a third party send about 9,000 emails impersonating employees, including messages sent on Sept. 30 that led to malicious websites. Recipients' email addresses and…
Spot silver tops $62/oz intraday, up 2.73%; New York futures also gain
Spot silver extended gains through Oct. 5, rising 2% to $61.56/oz and later breaking above $62/oz for a 2.73% intraday gain, according to CLS and Yicai. New York silver futures were up more than 1% intraday at $61.04/oz earlier in the day, …
Kospi slips below 7,000 after holiday open; Kosdaq gains about 2%
South Korea's Kospi opened at 7,044.67 on Oct. 6, up 40.93 points (0.58%), the first session after the Gaecheonjeol holiday, and the Kosdaq opened at 902.16, up 8.87 points (0.99%). The Kospi gave back the gain within minutes and was at 6,9…
Asahi Kasei drug unit says cyberattack may have leaked data on up to 558,700 people
Asahi Kasei Therapeutics, the pharmaceutical subsidiary of Asahi Kasei, said a website it runs for medical professionals was hit by a cyberattack and that personal information on up to about 558,700 people may have leaked. Sankei Shimbun re…
KB Kookmin Card, MoonPay and Finger sign digital asset payment partnership
KB Kookmin Card said it signed a partnership with global digital asset payment infrastructure company MoonPay and fintech firm Finger to cooperate on digital asset and stablecoin-based payment services, with a joint concept proof planned. T…
Supreme Court hears Boulder climate suit as justices question both sides
The Supreme Court heard nearly two hours of arguments Monday on whether the city and county of Boulder, Colorado, can sue Exxon Mobil and Suncor Energy in state court to recover costs tied to climate change. Conservative justices questioned…
Bank of Korea appoints Choi Young-ju deputy governor, taps Yoon Kyung-su for research
The Bank of Korea appointed Choi Young-ju, head of its Financial Markets Bureau, as deputy governor in charge of international and financial cooperation, filling a post that had been vacant, the bank said on October 7. Her term runs from Oc…