Technology, Finance & markets, Consumer, Society
327 storiesNanjing Massacre survivor Guo Xiulan dies at 94; 20 registered survivors remain
Guo Xiulan, a survivor of the Nanjing Massacre, died at her home at about 10 a.m. on Oct 7 at the age of 94, according to the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders. She was five when Japanese troops occupied …
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…
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…
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…
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, …
KOSPI opens down 1.11% at 6,864.25; KOSDAQ falls 0.27%
South Korea’s KOSPI opened 77.14 points, or 1.11%, lower at 6,864.25 on 7 October, while the KOSDAQ opened down 2.47 points, or 0.27%, at 917.45. The benchmark index rebounded to 6,944.83 by 09:25 as individual investors bought, then fell b…
Nippon Ham to cut Schauessen pack weight by 10g, keeping price unchanged
Nippon Ham said it will reduce the contents of its flagship “Schauessen” sausages from 117 grams to 107 grams per pack for deliveries from October 1, leaving the reference retail price of 702 yen including tax for two bundles unchanged — an…
Actress Jun Won-ju, 87, says she gifted half her assets to prevent inheritance dispute
Actress Jun Won-ju, 87, said she gifted half of her assets to her two sons and their wives in advance so they would not fight over her estate, speaking on MBC’s “PD수첩” episode “2026 Inheritance War: Time of the Family Left Behind,” which ai…
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…
Spot silver tops $62/oz intraday, up 2.73%; New York futures also gain
Spot silver extended gains through Oct. 5, rising 2% to $61.56/oz and later breaking above $62/oz for a 2.73% intraday gain, according to CLS and Yicai. New York silver futures were up more than 1% intraday at $61.04/oz earlier in the day, …
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…
Badminton's An Se-young, professor Kim Do-hyung win Pony Chung Young Leader Award
The Pony Chung Foundation said on Oct. 7 it has selected badminton national team player An Se-young and Kim Do-hyung, a professor of chemistry and biomolecular engineering at the University of Pennsylvania, as winners of the 7th Pony Chung …
KB Kookmin Card, MoonPay and Finger sign digital asset payment partnership
KB Kookmin Card said it signed a partnership with global digital asset payment infrastructure company MoonPay and fintech firm Finger to cooperate on digital asset and stablecoin-based payment services, with a joint concept proof planned. T…
Bank of Korea appoints Choi Young-ju deputy governor, taps Yoon Kyung-su for research
The Bank of Korea appointed Choi Young-ju, head of its Financial Markets Bureau, as deputy governor in charge of international and financial cooperation, filling a post that had been vacant, the bank said on October 7. Her term runs from Oc…
China's central bank raises 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) a month earlier, according to figures carried b…
Hong Kong stocks close higher as Hang Seng rises 0.28%, tech index gains 0.62%
Hong Kong's Hang Seng Index fell 0.08% at the midday break on Oct 5 while the Hang Seng Tech Index rose 0.27%, figures reported by 36Kr, CLS and Jiemian showed. By the close, 36Kr reported the Hang Seng Index up 0.28% and the tech gauge up …
Hoban Construction develops AI design tech to auto-apply per-unit buyer options
Hoban Construction said it developed AI-based design technology that automatically reflects apartment buyers’ option contract choices in each unit’s building information model (BIM). The technology was developed jointly with building and in…
Samsung Securities to launch second issuance-note tranche on Oct 12 at 4.3%
Samsung Securities said it will begin selling a second special tranche of issuance notes from Oct 12, a one-year product at 4.3% a year before tax with a 100 billion won limit. The first tranche, launched Sept 21, sold out in two and a half…
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…
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…