Policy & regulation, Finance & markets, Disasters & accidents, Science
563 storiesTrump 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.…
Nobel medicine prize awarded to three scientists for optogenetics
The 2026 Nobel Prize in Physiology or Medicine was awarded to Karl Deisseroth, Peter Hegemann and Georg Nagel for discoveries concerning light-sensitive ion channels and optogenetics, the Nobel Committee announced in Stockholm. The three sh…
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…
Nobel Chemistry Prize goes to France's Henri Kagan and Japan's Soai Kenzo
Sweden's Royal Swedish Academy of Sciences announced on Oct 7 that the 2026 Nobel Prize in Chemistry was awarded jointly to Henri Kagan of France and Soai Kenzo of Japan for discovering non-linear effects and autocatalysis in asymmetric org…
Nuri rocket completes fifth launch, placing satellites in orbit
South Korea’s Nuri rocket lifted off at 12:25 p.m. local time on Oct 7 from the Naro Space Center in Goheung, carrying 15 satellites, the most in its history, and placed the five main ultra-small cluster satellites in their target orbit. Ne…
Tropical Storm Isaias forms off Mexico, forecast to hit US Gulf Coast as hurricane
Tropical Storm Isaias formed early Wednesday in warm waters off eastern Mexico with maximum sustained winds of 40 mph, and the National Hurricane Center said it is expected to strengthen into the first hurricane of the Atlantic season befor…
US 10- and 30-year Treasury yields hit 24-year highs as global bond sell-off deepens
Yields on 10- and 30-year U.S. Treasury bonds hit 24-year highs on Wednesday, with the 10-year reaching 5.36% and the 30-year 5.73%, as a global bond sell-off deepened. Yields eased later after a strongly bid $39 billion auction of 10-year …
Bermuda mother and son identified in air ambulance crash off Nantucket
Bermuda police identified Marilyn Lavonne Bean, 66, and her son Sergio Wayne Lottimore, 41, both Bermudian nationals, as the two passengers on a Gulfstream G100 air ambulance that went missing off Nantucket, Massachusetts, around 1 a.m. Sat…
Russian stock indices rise; MOEX up 1.43% at midday
Russian stock indices rose on 5 October, with the Moscow Exchange index up 1.43% from the previous close to 2,309.86 as of 12:00 Moscow time, according to Vedomosti. The RTS index rose 1.43% to 871.61 and exchange trading volume totalled 37…
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…
Henri Kagan and Kenso Soai win 2026 Nobel Prize in chemistry
Henri B. Kagan and Kenso Soai won the 2026 Nobel Prize in chemistry, announced Wednesday at the Royal Swedish Academy of Sciences in Stockholm, for work on molecules that exist as mirror images of each other. Kagan showed in the 1980s that …
South Korea unveils 1,000 trillion won green transition plan to 2035
South Korea announced a “Korean-style Green Transition” (K-GX) strategy on Oct 7, pledging about 1,000 trillion won over ten years to 2035 — 200 trillion won in fiscal support and more than 790 trillion won in climate finance through five p…
Nuri declared a success on fifth flight; five cluster satellites make contact
South Korea's Nuri rocket lifted off at 12:25 p.m. from the Naro Space Center in Goheung and the Korea Aerospace Administration declared the fifth flight a success, saying all 15 satellites were placed in orbit. Officials said 14 of the 15 …
Typhoon No. 27 moves north near Ogasawara as typhoons 28 and 29 form
Typhoon No. 27, described by the Japan Meteorological Agency as large and very strong, moved north over waters near the Ogasawara Islands and was forecast to approach the islands at very strong intensity from the evening of Oct. 5 to early …
Nobel chemistry prize goes to Japan's Soai Kenso and France's Henri Kagan
The Royal Swedish Academy of Sciences said on 7 October that the 2026 Nobel Prize in Chemistry goes to Soai Kenso, 76, professor emeritus at Tokyo University of Science, and Henri Kagan of France, for work on nonlinear effects and autocatal…
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…
Fire at Ustuu-Khuree Buddhist monastery complex in Tuva put out; no injuries
A fire broke out on 7 October at the Ustuu-Khuree Buddhist monastery complex in Tuva, about 5 km from the town of Chadan. Emergency services localized the blaze and later extinguished it; the MChS reported an area of 468 sq m, while earlier…
US 10-year Treasury yield hits highest since 2002 as long-dated selloff extends
US long-dated Treasury yields climbed to their highest levels since 2002 on Oct 5, with the 10-year reaching about 5.35% and the 30-year above 5.70%. Chosun Ilbo reported the 10-year closed the third quarter at 5.29%, the biggest quarterly …
Thailand flood death toll reaches 60; Bangkok and 27 provinces affected
Thailand's Interior Ministry disaster agency said on Oct 7 that flooding has killed 60 people and affected more than 1.48 million households, or 4.19 million people. The country has seen repeated heavy rain and widespread flooding since Sep…
China's central bank adds to gold reserves for 23rd straight month
China's gold reserves stood at 77.47 million ounces, or about 2,409.59 tonnes, at the end of September, up 740,000 ounces (about 23.02 tonnes) from 76.73 million ounces (about 2,386.57 tonnes) at the end of August, according to figures carr…