Science, Finance & markets, Energy
247 storiesNobel physics prize goes to IceCube neutrino researcher Francis Halzen
Sweden's Royal Swedish Academy of Sciences said on 6 October that the 2026 Nobel Prize in Physics goes to Francis Halzen of the University of Wisconsin-Madison for decisive contributions to the IceCube Neutrino Observatory and the discovery…
NASA seeks contractors for a lunar reactor ready to launch by December 2030
NASA has asked contractors to prepare a nuclear reactor able to operate near the lunar south pole and be ready for launch by December 2030, according to a New York Times report cited by Korean outlets. The agency moved ahead of Chinese and …
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…
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…
Nuri rocket erected on pad; Oct. 7 launch to carry 15 satellites, most yet
South Korea's Nuri rocket was moved to the launch pad at the Naro Space Center in Goheung on Oct. 6 and erected upright, with the space agency and the Korea Aerospace Research Institute saying the work was completed at 10:35 a.m. The launch…
Gulf producers keep Hormuz ‘shuttle’ crude exports; volumes said to top pre-war levels
Gulf oil producers including Saudi Arabia are still exporting crude through the Strait of Hormuz via high-risk “shuttle” runs, loading very large crude carriers inside the strait and transferring the oil to ships waiting outside, according …
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…
2026 Nobel Prize in Physiology or Medicine awarded for optogenetics
The 2026 Nobel Prize in Physiology or Medicine was awarded to Karl Deisseroth, Peter Hegemann and Georg Nagel for discoveries concerning light-gated ion channels and optogenetics, the Nobel Foundation announced on October 5. The technique l…
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…
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…
Nuri rocket erected on launch pad ahead of fifth flight on Oct 7
South Korea's Nuri rocket moved from its assembly building to the second launch pad at the Naro Space Center in Goheung on the morning of Oct 6 and was erected and fixed in place at 10:35, according to the Korea AeroSpace Administration and…
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…
Nobel Prize in physics awarded to Francis Halzen for neutrino discovery
The 2026 Nobel Prize in physics was awarded to Francis Halzen for his work on the IceCube Neutrino Observatory and the discovery of high-energy neutrinos of astrophysical origin, the Royal Swedish Academy of Sciences said in Stockholm. Halz…
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…
S&P 500 closes above 7,800 for first time; Nasdaq also at record
New York's three main indices closed higher on Oct 6, with the S&P 500 ending above 7,800 for the first time at 7,818.93 and the Nasdaq Composite at a record 27,599.79. Korean outlets attributed the gains to third-quarter earnings expectati…
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…
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…
New York comptroller projects Wall Street profits above $90bn, record bonuses
New York State Comptroller Thomas DiNapoli estimated the state's securities industry will earn more than $90 billion (about 120 trillion won) this year, up from $65.1 billion last year, and that Wall Street bonuses will rise again to a reco…
Musk regains trillionaire status as SpaceX shares jump 7.63%
SpaceX shares closed 7.63% higher at $171.09 on Oct. 5, their highest level in about three months, after Morgan Stanley set a $300 target price. Forbes put Elon Musk's net worth at $1.046 trillion (about 1,400 trillion won), returning him t…