Policy & regulation, Science, Finance & markets, AI
523 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.…
AMD's Lisa Su visits Korea, agrees AI chip cooperation with local firms
AMD chair and CEO Lisa Su visited Korea on Oct. 7, about seven months after her March trip, meeting Second Vice Minister Ryu Je-myeong of the Science and ICT Ministry and a roundtable of Korean AI semiconductor and infrastructure companies.…
SpaceX seeks $40 billion in borrowing to buy Nvidia chips, FT reports
SpaceX is in talks to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report cited by Reuters and MarketWatch. Bloomberg said it understands the financing would be among the biggest-ever debt financings…
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…
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…
Abu Dhabi's AI Everything opens with 400 exhibitors alongside Global Food Week
AI Everything 2026 opened on 6 October at the ADNEC Centre Abu Dhabi and runs to 7 October, with WAM reporting 400 exhibitors and 180 speakers, and Economy Middle East reporting more than 400 companies, 200-plus investors managing about $10…
European stock indices close higher on Oct 6 after mixed Oct 5 session
On Oct 6, 2026, major European stock indices all closed higher: the UK FTSE 100 rose 0.42%, France’s CAC 40 0.47%, Germany’s DAX 0.82% and Italy’s FTSE MIB 0.87%, according to CLS. The previous day, most indices rose but France’s CAC 40 fel…
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…
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…
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 …
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…
Nvidia-backed Reflection AI unveils Beam, open-weight model to rival Chinese models
Reflection AI unveiled Beam, a 501-billion-parameter open-weight AI model that the New York-based startup says matches leading Chinese open models like Z.ai’s GLM-5.2 at lower compute cost. The Nvidia-backed company says Beam is in final sa…
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 …
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 the discovery of nonlinear effects and …
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…
FT: EU weighs universal corporate levy to raise taxes on US tech giants
The European Commission is considering a new mechanism to raise more tax revenue from large US technology companies without singling them out as a separate category, the Financial Times reported, citing unnamed sources. Under discussion is …
Army study found ICE shock gloves cause pain, compliance and fear, AP reports
A previously unreleased Army study found that shock gloves now purchased by U.S. Immigration and Customs Enforcement caused intense pain, immediate compliance and fear of further shocks during a 2024 military exercise. Records obtained by t…
Nuri rocket lifts off on fifth flight carrying record 15 satellites
South Korea's Nuri rocket launched at 12:25 p.m. on Oct. 7 from the Naro Space Center in Goheung, after the launch management committee confirmed the time that morning. The rocket carries 15 satellites — five NEOANSAT microsatellite cluster…