Policy & regulation, Finance & markets, Crime & justice
549 storiesServing Seoul police officer arrested over AI-generated sexual exploitation videos
A senior constable in the traffic division of Seoul’s Dongdaemun Police Station was arrested last month on charges of possessing, producing and distributing sexual exploitation material and false videos, including AI-generated images of acq…
US Marine in Okinawa arrested on suspicion of robbery-murder at Naha hotel
Okinawa prefectural police arrested US Marine Pfc. Devin Jacob Ballard, 20, of the Futenma base, on suspicion of robbing and killing a woman at a hotel in Naha, where she was found dead around 04:30 on Oct 3. Police said the suspect denies …
Joo Ho-min urges Supreme Court to allow third-party recordings in abuse cases
Webtoon artist Joo Ho-min and 10 disability groups called on the Supreme Court on Oct. 6 to recognise an exception to the ban on third-party recording when abuse of people who cannot speak for themselves is suspected. Joo said a recording h…
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…
UK police arrest seventh man over security incident at US-run RAF Fairford base
British counterterrorism police arrested a 22-year-old British national in central London on Tuesday on suspicion of preparing terrorist acts, the seventh arrest in an investigation into a security incident at the US-run RAF Fairford base l…
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…
Couple in their 60s found dead in Naju house; police seek suspect
A couple in their 60s were found dead at a house in Naju, in the Jeonnam-Gwangju region, according to police reports carried by several South Korean outlets on Oct 6. Local reports described the bodies as bound and said police believe the c…
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…
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…
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…
Police: bar owner held over girlfriend’s body in Miyagi; staged messages suspected
Police in Tokyo have arrested a 36-year-old bar owner on suspicion of abandoning the body of his 25-year-old girlfriend in mountains in Kurihara, Miyagi Prefecture, on 28 September. Investigators believe he used her smartphone to send messa…
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 …
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…
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…
Arizona appeals court vacates manslaughter sentence over AI video of victim
The Arizona Court of Appeals in Phoenix vacated the manslaughter sentence of Gabriel Paul Horcasitas and ordered a new sentencing, saying an AI-generated video of the victim shown in court rendered the proceeding fundamentally unfair. Horca…
South Korea weighs ending military service exemptions for athletes and artists
South Korea’s Defense Ministry said on October 6 that it is considering tightening or abolishing the military service exemption granted to athletes and artists, after some Asian Games gold medalists said exemption mattered more to them than…
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…
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…
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.…
Nikkei 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…