Technology, Society, Consumer, Finance & markets
367 storiesUS 10-year Treasury yield hits highest since 2002 as long-dated selloff extends
US long-dated Treasury yields climbed to their highest levels since 2002 on Oct 5, with the 10-year reaching about 5.35% and the 30-year above 5.70%. Chosun Ilbo reported the 10-year closed the third quarter at 5.29%, the biggest quarterly …
Russia's Finance Ministry places 39.13 bln rubles of OFZ 26252 bonds at auction
Russia's Finance Ministry held an auction on 7 October for federal loan bonds of the OFZ-PD 26252 series and placed 39.13 bln rubles of the issue, TASS reported, citing demand of 134.371 bln rubles. The ministry had announced the auction a …
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…
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…
Apple and LG co-develop smart home devices including doorbell, lock and thermostat
Bloomberg reports that Apple and LG have co-developed a line of smart home devices, including a video doorbell, thermostat, smart deadbolt lock, indoor and outdoor security cameras and a floodlight camera. The products are expected to carry…
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…
Japan farm ministry orders Fukui seafood firm over mislabeled Echizen crab gifts
Japan's agriculture ministry issued a measures order on Oct 6 against Fukumaru Foods, a seafood processor in Echizen Town, Fukui Prefecture, for labeling products as Echizen crab while using mizugani, a crab not counted as Echizen crab. The…
South Korea re-designates 92 population decline regions, adds 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 earlier. Busan's Geumjeong-gu, Gyeonggi's Dongducheon …
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…
Second National Growth Fund round sells 316.2 bln won in four days, 52.7% of target
The second round of South Korea's state-backed National Participation National Growth Fund sold 316.2 billion won in its first four days, 52.7% of its 600 billion won target, the Financial Services Commission said. The remaining 283.43 bill…
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…
Euro falls to 17-month low as Spain and France political uncertainty rattles markets
The euro fell to its weakest level since May 2025, dropping below $1.12 against the dollar, as political and fiscal uncertainty in Spain and France weighed on the currency. Spanish Prime Minister Pedro Sánchez called a snap election for Nov…
UAE President calls for rain prayer at all mosques on Friday 9 October
UAE President Sheikh Mohamed bin Zayed Al Nahyan has called for Salaat Al Istisqaa, a prayer for rain, to be performed at all mosques across the country on Friday 9 October, half an hour before the Friday prayer. The President called on eve…
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…
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…
Hang Seng Tech Index to expand to 50 constituents under six-part revamp
Hang Seng Indexes Company announced six revisions to the Hang Seng Tech Index's compilation method, including raising the number of constituents from 30 to 50. The requirement that candidates belong to designated industries is dropped, six …
Kumamoto University, AIST sign comprehensive semiconductor cooperation agreement
Kumamoto University and the National Institute of Advanced Industrial Science and Technology (AIST) signed a comprehensive cooperation agreement in the semiconductor field on Oct. 7. The deal covers joint research, technical support for reg…
France suspends lycée lessons as high-school protests hit 1,800 schools
Protests by high-school students in France on Tuesday affected around 1,800 lycées, according to RIA Novosti, while AFP, cited by TASS, reported that classes were suspended in nearly 900 senior schools — about a quarter of the country's tot…
French student protests leave 24 schools burned or looted, 400-plus shut
Protests by French high school students left 24 schools burned or looted and halted classes in 400 to 500 institutions nationwide, according to TASS, Kommersant and Vedomosti. The education minister, named by TASS and Kommersant as Édouard …