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241 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…
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, …
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…
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…
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…
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…
Actress Jun Won-ju, 87, says she gifted half her assets to prevent inheritance dispute
Actress Jun Won-ju, 87, said she gifted half of her assets to her two sons and their wives in advance so they would not fight over her estate, speaking on MBC’s “PD수첩” episode “2026 Inheritance War: Time of the Family Left Behind,” which ai…
Nvidia sets second straight record close; Korean AI supply chain shares rally
Nvidia closed 2.1% higher at $238.90 on October 5 in New York, a second consecutive record close, lifting its market capitalisation to about $5.76 trillion and putting the first $6 trillion valuation within reach. Korean outlets also report…
Hong Kong stocks open marginally lower; Hang Seng slips 0.04%
Hong Kong's Hang Seng Index opened 0.04% lower on 5 October 2026, while the Hang Seng Tech Index fell 0.47%. Yicai and Jiemian both reported that Meituan dropped more than 1% at the open, and 36Kr said home-appliance and software-services s…
S&P 500 closes above 7,800 for first time; Nasdaq also at record
New York's three main indices closed higher on Oct 6, with the S&P 500 ending above 7,800 for the first time at 7,818.93 and the Nasdaq Composite at a record 27,599.79. Korean outlets attributed the gains to third-quarter earnings expectati…
US stocks close higher; Nasdaq sets record close with 1.05% gain
On Oct 5 local time, the three main US stock indices closed higher, with the Nasdaq up 1.05% to a record close, the Dow up 0.18% and the S&P 500 up 0.67%. Large technology shares rose broadly, and cryptocurrencies, oil and gas and pharmaceu…
Hong Kong stocks open higher; Hang Seng up 1%, Alibaba gains about 2.9%
Hong Kong shares opened higher on 6 October, with the Hang Seng Index up 1% and the Hang Seng Tech Index up 1.02%, according to CLS, Yicai and 36Kr. Alibaba rose about 2.9% at the open, while Baidu and Meituan gained nearly 2%, 36Kr reporte…
Yen weakens in Tokyo to 158-yen range as US long-term yields rise
The yen traded weaker against the dollar in Tokyo on Oct. 5, quoted at 158.09–11 around 1 p.m., 52 sen weaker than the previous week's close, Sankei Shimbun reported. Sankei attributed the dollar buying to higher US long-term yields and cit…
Ark's Cathie Wood Repeats $1.5 Million Bitcoin Forecast for 2030
Ark Invest CEO Cathie Wood has reiterated a forecast that bitcoin will reach $1.5 million by 2030, about 1665% above the roughly $85,000 level where the reports say it was trading. Wood points to institutional inflows, a more favourable US …
IMF warns rapid hedge fund growth could amplify market risk
The IMF said in the second chapter of its Global Financial Stability Report, released on 6 October, that hedge fund risks to macro-financial stability need close attention, because fast asset growth can amplify price dislocations and liquid…
New York comptroller projects Wall Street profits above $90bn, record bonuses
New York State Comptroller Thomas DiNapoli estimated the state's securities industry will earn more than $90 billion (about 120 trillion won) this year, up from $65.1 billion last year, and that Wall Street bonuses will rise again to a reco…
Musk regains trillionaire status as SpaceX shares jump 7.63%
SpaceX shares closed 7.63% higher at $171.09 on Oct. 5, their highest level in about three months, after Morgan Stanley set a $300 target price. Forbes put Elon Musk's net worth at $1.046 trillion (about 1,400 trillion won), returning him t…
NY Dow closes up 253 points at 51,521, its fourth straight gain
The New York Dow Jones Industrial Average rose 253 points to close at 51,521, its fourth consecutive gain, Japanese outlets reported. Coverage attributed the advance to a pause in the rise of US long-term interest rates, with consumer-relat…
FBI Director Kash Patel and country singer Alexis Wilkins announce engagement
FBI Director Kash Patel, 46, and country singer Alexis Wilkins, 27, announced their engagement on Sunday in social media posts. Wilkins posted a black-and-white photo showing her ring with the caption “Went and got the law involved,” and Pa…
Busan’s ‘Bukkangi’ shark confirmed as endangered heuksangeo, a 3-meter female
The National Institute of Fisheries Science said on Oct. 6 that the shark nicknamed Bukkangi, which has stayed in an artificial channel at Busan North Port’s waterfront park since Sept. 18, is a heuksangeo, a species classified as Endangere…