Policy & regulation, Sports, IT & software, Technology, Finance & markets
792 storiesSouth 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 …
Korean fencing legend Kim Jung-hwan retires, to teach at Korea National Sport University
Kim Jung-hwan, 43, South Korea’s most decorated fencer with four Olympic medals, ended his competitive career at a retirement ceremony on Oct. 6 at the Seoul Olympic Parktel in Seoul. He will join his alma mater, Korea National Sport Univer…
UAE to face Saudi Arabia in Gulf Cup final; association charters six fan flights
The UAE beat Oman 1-0 in Jeddah to reach the final of the 27th Arabian Gulf Cup and will face hosts Saudi Arabia on Tuesday, October 6. Gulf News reported that Ousmane Camara scored the only goal in the 22nd minute, while The National repor…
SME Minister Lee So-young unveils startup venture regulatory innovation committee at audit
South Korea's SMEs and startups minister, Lee So-young, said on October 7 that her ministry will create a "Startup Venture Regulatory Innovation Committee" to find regulatory improvements, and set out plans to expand the small-business soci…
Russia's Gosuslugi portal to add red and green anti-fraud buttons
TASS reported that Russia's Gosuslugi portal will get red and green buttons against fraud. iXBT said the red button will alert banks, telecom operators and law enforcement via the GIS Antifraud system, which can then suspend transfers or re…
AMD CEO Lisa Su to visit Korea Oct. 7 for Gamer Day; AI chip talks expected
AMD chair and CEO Lisa Su will visit Korea on Oct. 7, about seven months after her March trip, to attend an “AMD Gamer Day” event at 2 p.m. at Dragon City in Yongsan-gu, Seoul, AMD said. Su and senior vice president Jack Huynh will attend, …
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…
Korea financial regulator orders AI-based defense after hacking wave
South Korea’s Financial Services Commission held an emergency meeting on 4 October after hacking and data leaks were confirmed at seven financial companies, including Shinhan, KB Kookmin, Hana and BNK Busan banks, savings banks Yegaram and …
Shinhan Bank data breach victims move toward class action in Seoul
A law firm in Seoul has begun recruiting plaintiffs for a damages class action against Shinhan Bank over a data breach that exposed about 25,000 customers’ personal information on Oct. 1. Shinhan’s chief executive has apologised and promise…
Goldman Sachs warns Samsung volatility may spike on Oct. 8 events
Goldman Sachs said Samsung Electronics shares could swing sharply on October 8, when preliminary third-quarter results fall on the same day as semiconductor ETF rebalancing, options expiry and the end of a share buyback. The bank cut its th…
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…
Korea's FSS tells 21 securities firms to shift to preventive internal audits
The Financial Supervisory Service met auditors from 21 securities firms in Seoul on Oct 7 and told them to move from audits that catch problems after the fact to preventive checks that protect investors first. The regulator cited repeated v…
Korea police open formal probe into AI-linked hacking of financial firms
South Korean police have converted their investigation into a series of AI-linked hacking attacks on financial institutions into a formal probe, assigning a 28-member, four-team dedicated unit. Data leaks have been confirmed at seven financ…
Korea financial regulator orders full security review after bank data leaks
Financial Services Commission Chairman Lee Eok-won chaired an emergency meeting of the entire financial sector in Seoul on Oct. 4 after customer data leaks spread from major banks to non-bank lenders, saying the possibility of AI-enabled ha…
UAE sets phased caps on salt, sugar and fat in packaged foods, fines up to Dh500,000
The UAE’s Ministry of Health and Prevention has begun implementing a resolution that caps sodium, sugar and fat in selected packaged foods, with phased limits running until the end of 2030. The rules apply to locally made and imported produ…
South Korea beats Japan 1-0 for fourth straight Asian Games football gold
South Korea's under-23 team beat Japan 1-0 in the 2026 Aichi-Nagoya Asian Games men's football final at Toyota Stadium on 3 October, with Um Ji-sung scoring in the 16th minute of the second half. It is South Korea's fourth consecutive Asian…
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…
KT Wiz clinch 2026 KBO regular-season title with 9-0 win over Lotte
KT Wiz clinched the 2026 KBO regular-season title on Oct. 5, beating the Lotte Giants 9-0 at Suwon KT Wiz Park behind Logan Allen's eight scoreless innings and two home runs by Jang Jun-won. At 86-49-5 (.637), KT leads second-place Samsung …
GMO Research & AI says up to 948,498 infoQ members' data breached; site halted
GMO Research & AI said a vulnerability in its survey site infoQ was exploited and personal data for up to 948,498 members was taken out. Points worth about 2.87 million yen were exchanged without members' consent, which the company said it …
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…