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🇰🇷 South Korea Policy & regulation 11 h ago

Asian Games exemption row: Ahn Cheol-soo urges review, defense ministry regrets remarks

People Power Party lawmaker Ahn Cheol-soo said on 7 October that the military service exemption for Asian Games gold medalists should be reviewed for abolition starting with this tournament, noting the rule is a presidential decree that Pre…

Business5 Official
Critical Reliability 87
🇰🇷 South Korea Technology 2 d ago

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, …

Business9 Tech5 Official
Neutral Reliability 81
🇰🇷 South Korea Policy & regulation 11 h ago

Land minister says Gangnam, Yongsan home prices have turned negative

Land, Infrastructure and Transport Minister Hong Ji-seon told a National Assembly audit on Oct 7 that home prices in Seoul's Gangnam three districts and Yongsan have turned negative, and said price growth should ease with the market stabili…

Business10
Neutral Reliability 79
🇰🇷 South Korea Policy & regulation 9 h ago

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…

Business3 Official
Neutral Reliability 80
🇰🇷 South Korea Policy & regulation 9 h ago

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…

Business4 Tech
Critical Reliability 72
🇰🇷 South Korea Policy & regulation 12 h ago

Korea's top individual tax delinquent Kwon Hyuk to pay 393.8 billion won

The National Tax Service said on Oct 7 that Kwon Hyuk, chairman of Sido Group and the country's largest individual tax delinquent, has submitted a plan to pay 393.8 billion won in back taxes in full, 15 years after the tax was assessed. He …

Business10 Official
Neutral Reliability 82
🇦🇪 United Arab Emirates Policy & regulation 21 h ago

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…

Business4
Neutral Reliability 75
🇰🇷 South Korea Policy & regulation 13 h ago

South 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 …

Business11 Official
Neutral Reliability 88
🇰🇷 South Korea Policy & regulation 7 h ago

S. Korea farm minister says minor farmland survey violations won't be punished

Agriculture minister Song Mi-ryung told a parliamentary audit on Oct 7 that most ordinary, customary violations found in the government's full farmland survey would not be punished, and that the government has no plan or reason to confiscat…

Business4 Official
Tense Reliability 86
🇯🇵 Japan Disasters & accidents 3 d ago

Typhoon No. 27 moves north near Ogasawara as typhoons 28 and 29 form

Typhoon No. 27, described by the Japan Meteorological Agency as large and very strong, moved north over waters near the Ogasawara Islands and was forecast to approach the islands at very strong intensity from the evening of Oct. 5 to early …

Business4 Official Community2
Neutral Reliability 76
🇰🇷 South Korea Policy & regulation 1 d ago

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…

Business11 Official
Critical Reliability 80
🇰🇷 South Korea Disasters & accidents 2 d ago

Fishing boat capsizes off Jeju; nine rescued, two missing as search continues

A 29-tonne fishing vessel registered in Sacheon capsized at about 03:04 on October 5 about 65 kilometres northwest of Chagwido, off Jeju, with 11 people aboard. Nine crew — eight Indonesians and one Vietnamese — were rescued and taken to Ha…

Business11 Official
Somber Reliability 81
🇺🇸 United States Policy & regulation 1 d ago

Trump 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.…

Business12 Official
Neutral Reliability 80 Promotional 35
🇷🇺 Russia Disasters & accidents 17 h ago

Tanker catches fire in Black Sea near Sochi; Sirius beaches closed

A tanker caught fire in the Black Sea near Sochi, according to Russian state and business outlets. The head of the Sirius federal territory administration, Dmitry Plishkin, said its beaches would be temporarily closed and that water and air…

Business2 Official2
Alarming Reliability 90
🇯🇵 Japan Disasters & accidents 2 d ago

Three typhoons active near Japan as Typhoon 27 moves north, JMA says

The Japan Meteorological Agency announced on Oct. 5 that Typhoon 28 (Nolo) and Typhoon 29 (Koguma) had formed, making three active typhoons near Japan with Typhoon 27 (Choi-wan). Typhoon 27 was large and very strong, moving north-northwest …

Business7 Community
Alarming Reliability 75
🇰🇷 South Korea Policy & regulation 2 d ago

South Korea culture ministry issues director-level personnel notice

South Korea's Ministry of Culture, Sports and Tourism released a personnel appointment notice on 5 October 2026, carried by Newsis, Yonhap, Seoul Economic Daily, Asia Economy, Kyunghyang Shinmun and Hankook Ilbo. Yonhap's summary described …

Business6 Official
Neutral Reliability 90
🇰🇷 South Korea Policy & regulation 1 d ago

Korea to draw up guidelines for medical accident investigations after ER search

Police searched the pediatric emergency medical center and pediatrics department at Ajou University Hospital on September 30 as part of an investigation into the July death of an infant. After medical groups and lawmakers from both main par…

Business6 Official
Critical Reliability 92
🇰🇷 South Korea Policy & regulation 3 d ago

Asian Games gold row widens as parties in South Korea seek exemption review

South Korea beat Japan 1-0 on October 3 to win a fourth consecutive Asian Games men's football gold, a result that exempts most of the squad from military service. A locker-room photo of Park Seung-su in a discharge hat, captain Lee Ki-hyuk…

Business11
Critical Reliability 72
🇨🇳 China Disasters & accidents 8 h ago

Thailand flood death toll reaches 60; Bangkok and 27 provinces affected

Thailand's Interior Ministry disaster agency said on Oct 7 that flooding has killed 60 people and affected more than 1.48 million households, or 4.19 million people. The country has seen repeated heavy rain and widespread flooding since Sep…

Business3 Official
Somber Reliability 90
🇷🇺 Russia Disasters & accidents 21 h ago

One worker injured in rock collapse at Vostochny mine in Russia's Primorye

A rock collapse at the Vostochny mine in Primorsky Krai injured one worker and caused no deaths. Twenty-two people were in the shaft at the time; rescuers brought the injured miner to the surface, and TASS reported the workers left the shaf…

Business4 Official2
Neutral Reliability 89