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551 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.…
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…
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 …
Pope Leo XIV opens Vatican meeting on Francis' opening to remarried Catholics
Pope Leo XIV opened a weeklong, closed-door Vatican conference assessing the implementation of Pope Francis' 2016 document “The Joy of Love.” The text sparked controversy because it opened the door to letting civilly remarried Catholics rec…
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…
ASUS unveils Zenbook 14 UX3480 line with Intel, AMD or Qualcomm chips
ASUS announced the Zenbook 14 UX3480 series, a 14-inch laptop line that lets buyers choose between Intel Core Ultra series 3, AMD Ryzen AI 300 and Qualcomm Snapdragon X processors. PC Watch reported the models go on sale in Japan from Octob…
Kazakhstan considers blocking social media accounts of children under 16
Kazakhstan's government has prepared amendments restricting online platforms for users under 16, and Prime Minister Olzhas Bektenov said in a reply to a parliamentary inquiry that temporarily blocking social media accounts of children under…
Apple and LG Electronics jointly develop smart home devices under LG brand
Apple and LG Electronics are jointly developing smart home devices — a camera-equipped video doorbell, a smart door lock, a security camera and a smart temperature sensor and thermostat — to be sold under the LG brand, according to Bloomber…
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…
Moscow court fines Zoom 65.9 million rubles for repeat violation of Russian law
A Moscow court fined Zoom about 65.9 million rubles (65,936,494 rubles) for a repeat violation of Russian legislation on foreign internet companies, Interfax, Vedomosti and Kommersant reported. The case was heard under part 3 of article 13.…
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…
KCTU to vote Oct 7 on return to social dialogue; council ready to talk
The Korean Confederation of Trade Unions (민주노총) will hold its 85th temporary delegate conference at 1 p.m. on Oct 7 at KINTEX in Goyang to vote on joining the Economic, Social and Labor Council (경사노위), which would end a 27-year absence from…
Busan shark Bukkangi crosses net, returns to waterway; rescue paused
The shark nicknamed Bukkangi, believed to be a dusky shark about 3 m long, crossed a large net and returned to the artificial waterway at Busan's Bukhang Chinsu Park around noon on Oct 3, a day after a second attempt to guide it to open sea…
Russia proposes letting businesses register at an email address
Deputy Prime Minister Dmitry Grigorenko said a draft law has been prepared that would allow legal entities to register a business using an address in a state email system for official correspondence instead of a physical address. He said th…
US 10-year Treasury yield hits 5.362%, highest since 2002, as selloff resumes
On Oct 7 the US Treasury selloff resumed, with the 10-year yield rising to 5.362% intraday and the 30-year to 5.731%, both the highest since 2002, according to Yonhap. The move extends a record quarterly rise and is driven by inflation pres…
Turkey's Aselsan announces Astralink network of 198 low-orbit satellites
Aselsan CEO Ahmet Akyol said at the International Astronautical Congress in Antalya that Turkey is building Astralink, a low-orbit satellite constellation of 198 spacecraft, with the first launch planned within two years. Akyol said work be…
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 …
Finland's finance ministry proposes raising retirement age to 70
Finland's Ministry of Finance has proposed raising the minimum retirement age to 70, according to a report titled “Trust in the Future”. The plan would increase the threshold by six months for each successive age group and forms part of a b…