Policy & regulation, Energy, Finance & markets
407 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…
Google signs 20-year nuclear power deal with Constellation Energy
Google signed a 20-year power purchase agreement with Constellation Energy covering six nuclear plant sites, according to The Verge. Reuters described the agreement as a 3.6-GW power deal; The Verge said the companies expect 890 megawatts o…
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…
Russian stock indices open higher on Ukraine talks hopes, LUKOIL report
The Moscow Exchange and RTS indices rose at the opening of trading on Monday, with Interfax reporting a 0.7% gain and TASS reporting 0.6%. Interfax attributed the rise to hopes of lower geopolitical risks and a continued negotiating track o…
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…
South Korea re-designates 92 population decline regions, adding Busan Geumjeong, Dongducheon and Tongyeong
South Korea's Ministry of the Interior and Safety re-designated 92 cities, counties and districts as population decline regions on Oct. 7, up from 89 in the first designation five years ago. Busan's Geumjeong-gu, Gyeonggi's Dongducheon and …
Trump signs order allowing tax-free red-dyed diesel on highways
President Donald Trump signed an executive order on Monday temporarily allowing off-road red-dyed diesel to be used for highway driving and deferring the federal excise tax on that fuel through the end of 2026 without interest or penalties.…
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…
South Korea culture ministry issues director-level personnel notice
South Korea's Ministry of Culture, Sports and Tourism released a personnel appointment notice on 5 October 2026, carried by Newsis, Yonhap, Seoul Economic Daily, Asia Economy, Kyunghyang Shinmun and Hankook Ilbo. Yonhap's summary described …
Vitol CEO says Western countries have exhausted available oil stocks
Russell Hardy, CEO of Vitol, the world’s largest independent oil trader, said at the Energy Intelligence Forum in London that Western countries have exhausted the oil stocks available to them. He said the oil products market remains very de…
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…
Land minister says Gangnam, Yongsan home prices have turned negative
Land, Infrastructure and Transport Minister Hong Ji-seon told a National Assembly audit on Oct 7 that home prices in Seoul's Gangnam three districts and Yongsan have turned negative, and said price growth should ease with the market stabili…
Asian Games gold row widens as parties in South Korea seek exemption review
South Korea beat Japan 1-0 on October 3 to win a fourth consecutive Asian Games men's football gold, a result that exempts most of the squad from military service. A locker-room photo of Park Seung-su in a discharge hat, captain Lee Ki-hyuk…
Won closes at 1,343.6 per dollar, down 0.4 won
The won closed at 1,343.6 per dollar on Oct. 6, down 0.4 won from the previous session, according to the 15:30 reference rate reported by Yonhap, Chosun Ilbo and Newsis. In morning trading the rate stood at 1,344 won, down 6.6 won (0.48%) f…
South Korea's Lee orders CPTPP talks restarted from the beginning amid farm concerns
President Lee Jae-myung instructed at a cabinet meeting on Oct 6 that the government should not fix a conclusion on joining the CPTPP and should “restart dialogue from the beginning,” saying the pact's strategic value is cited alongside ver…
Inaugural Suwon major crimes investigation chief begins duties
Kim Hyeong-geun began official duties on 6 October as the first chief of the new Suwon District Central Investigation Office for Major Crimes, saying the office would overcome the limits of existing investigative agencies while inheriting t…
President Lee vows to keep pledge to end “real estate speculation republic”
President Lee Jae-myung said on Oct. 5 in a post on X that his government will keep its promise to escape the “real estate speculation republic,” saying the country cannot be made to face a “lost 30 years” from real-estate bomb-passing even…
Defense minister: arts, sports military service exemption to be cut and abolished
South Korea's defense minister said on Oct 7 that the goal is to gradually reduce the arts and sports military service exemption and ultimately abolish it, after controversy over remarks by Asian Games football gold medallists about the exe…
Asian Games exemption row: Ahn Cheol-soo urges review, defense ministry regrets remarks
People Power Party lawmaker Ahn Cheol-soo said on 7 October that the military service exemption for Asian Games gold medalists should be reviewed for abolition starting with this tournament, noting the rule is a presidential decree that Pre…
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, …