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[WDAF 2026] Lawmakers call for clearer crypto rules, tax reforms

South Korea needs clearer rules for companies looking to expand their digital asset businesses, and for investors facing a tax on crypto gains, lawmakers said Monday at the World Digital Assets Forum in Seoul. Rep. Min Byoung-dug of the Democratic Party of Korea said the Digital Asset Basic Act he proposed would giv…

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[WDAF 2026] Herald CEO sees Korea emerging as global hub for digital finance

South Korea is well positioned to emerge as a global hub for the new digital financial order as blockchain and digital assets reshape the foundations of the global financial system, according to Herald Media Group CEO Choi Jin-young on Monday. "We are standing at a turning point in the history of finance, where a ne…

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Japan targets viral ‘Shorinji racing’ social media pranks harassing police

A viral social media prank targeting Japanese police is sweeping across the country, with children as young as seven being caught in the act. Known as “Shorinji racing”, the trend involves minors shouting “Shorinji-ja” (“We are Shorinji”) at police officers in person or through false emergency calls from public tele…

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Top South Korean golfers set sights on PGA Tour Q-School in December

Leading players from the Korea Professional Golfers‘ Association (KPGA) Tour are preparing for a new challenge after wrapping up the 2026 season. With the season-ending KPGA Tour Championship concluding Sunday, the tour's top-ranked players will head straight into qualifying school, or Q-School, seeking a place on t…

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China’s tax compliance drive falls short of covering fiscal gaps, weighs on sentiment: report

Even as China’s stricter enforcement lifts tax receipts, the revenue gains remain insufficient to cover government funding gaps and risk chilling private sector confidence, while local officials remain reluctant to launch major projects despite repeated calls from Beijing, analysts say. Hong Kong-based Goldman Sachs…

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China says it is willing to promote fresh progress in bilateral relations with Iran

China says it is willing to promote fresh progress in bilateral relations with Iran Chinese special envoy to the Middle East, Zhai Jun, said that China is willing to promote new progress in bilateral relations with Iran. Zhai added that the expanding conflict in the Middle East cannot be resolved by force. The comme…

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A doctor was murdered in South Korea. 8 years on, ‘nothing has changed’

Nearly eight years after a psychiatrist’s murder prompted South Korea to pass a new law that increased penalties for assaulting medical staff, another attack this month has doctors asking why the country’s hospitals are still unsafe. The attack at Severance Hospital in Seoul last Wednesday left the victim, a psychia…

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Policy rift emerges within Seoul over N. Korea sanctions

The South Korean government is facing a growing dilemma over whether to impose additional unilateral sanctions on North Korea, as differing approaches within the administration expose tensions between maintaining international pressure on Pyongyang and preserving prospects for renewed inter-Korean dialogue. The disa…

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South Korea wins silver in men's standard pistol team event at world championships

South Korea's men's shooting team claimed the silver medal in the 25-meter standard pistol team event at the 2026 International Shooting Sport Federation (ISSF) World Championships in Doha, Qatar. The team of Lee Geon-hyeok of the Daegu Public Facilities Management Corp., Hong Seok-jin of KB Kookmin Bank and So Seun…

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Chinese central bank’s pledge to probe Solana snuffs out hopes crypto crackdown is easing

A pledge by China’s central bank to investigate Solana’s recent campaigns in mainland China has extinguished hopes that a crackdown on cryptocurrencies will be eased and underscored Beijing’s unyielding hostility towards foreign public blockchains. The People’s Bank of China (PBOC) had halted recent offline events S…

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South Korea ships first sweet persimmons to China after 17 years of talks

South Korea sent its first shipment of fresh sweet persimmons to China on Friday, opening a new market for growers after 17 years of plant quarantine negotiations. The shipment of 19.6 metric tons, packed in 1,960 boxes, left the Port of Busan and was expected to reach Shanghai on Nov. 10, South Korea’s Agriculture …

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Korean food exporters sign $15 million in preliminary deals at Melbourne fair

South Korean food exporters have signed 11 preliminary agreements worth a combined $15 million at a trade fair in Melbourne, Australia, South Korea’s Agriculture Ministry and its food export agency said Monday. The event, running Thursday to Saturday at the Melbourne Showgrounds, was the first K-Food Fair held in Oc…

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Baemin, Coupang Eats hit with record W632b antitrust penalty

South Korea's antitrust watchdog said Monday it would impose a combined 631.9 billion won ($467 million) fine on Baemin and Coupang Eats for pressuring restaurants to match rivals' prices and terms, restricting competition. The Fair Trade Commission announced provisional fines of 331.1 billion won for Woowa Brothers…

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Fire in northern China high-rise building kills 14, injures dozens more

Fourteen people died and dozens more were hospitalised after a fire broke out in a high-rise building in northern China on Sunday. The fire erupted at around 5pm in the Haosheng International Apartment building in Taiyuan, the capital city of Shanxi province, according to the Yingze district government. It was put o…

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Hyundai Motor, Air Liquide China partner on hydrogen mobility

HTWO Guangzhou, Hyundai Motor Group’s first overseas hydrogen fuel cell production hub, has partnered with Air Liquide China to accelerate the development of a hydrogen mobility value chain in China’s rapidly growing clean commercial vehicle sector. According to Hyundai Motor on Monday, the two parties signed a memo…

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Godzilla Minus Zero takes US box office by storm in opening weekend

The foreign-language film topped the North American box office with $31.6m in takings, generating $63m worldwideJapan’s most recognisable film star shows no sign of losing its ability to captivate global audiences, after Godzilla Minus Zero – a foreign language film – swept to the top of the US box office on its ope…

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French investment giant Ardian looks to tap China’s ‘more reasonable’ valuations

French private equity giant Ardian sees prime opportunities to snap up quality assets in China amid a liquidity slowdown in the world’s second-largest economy, as it looks to meet European investors’ strong demand for diversification, according to company executives. Ardian, which managed over US$200 billion worth o…

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China Rehearses Taiwan Blockade In Unannounced Naval War Drill

China Rehearses Taiwan Blockade In Unannounced Naval War Drill China may be conducting a major, unannounced war drill aimed at isolating Taiwan, with more than 100 naval and coast guard vessels deployed across the Western Pacific, according to a new assessment. 🚨 中国在168小时内刚刚采取了5项行动。全部围绕台湾。没有一项有名称。而没有人把这些点联系起来。行动1:1…

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China’s a green-tech superpower, but not yet a green civilization

At the UN climate conference in Antalya, which runs from November 9 to 20, China is the world’s clean-technology superpower. It makes most of the planet’s solar panels, batteries and electric vehicles. Its emissions have stopped rising. Few delegations carry more weight. On September 29, Vice Premier Ding Xuexiang t…

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KITA's landmark Manhattan tower gets $200m makeover

The Korea International Trade Association is investing $200 million to renovate its landmark Manhattan building, purchased over 50 years ago, into a modern commercial tower in one of New York’s most prestigious business districts. Located at 460 Park Avenue, the 22-story Hahn Kook Center was the first building a Kor…

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Apple, Samsung turn to Chinese AI rivals to stay competitive

Apple and Samsung Electronics are increasingly relying on Chinese technology giants to power their artificial intelligence services in China, highlighting a growing dilemma for foreign smartphone makers: Competing in the world's largest smartphone market means depending on local companies that could eventually becom…

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China’s imported inflation accelerates as PPI up most since 2022 amid Iran war

China’s factory-gate price growth continued to accelerate last month amid the ongoing US-Iran conflict that is fuelling uncertainties in the global energy market, while consumer inflation remained subdued. The producer price index (PPI) rose 5.7 per cent year on year in October, according to data released by the Nat…

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China digital bed bug map lets travellers flag hotels nationwide upon spotting pests

A digital map of bed bug sightings has gained popularity in China but has also sparked controversy by allowing users to flag hotels where they claim to have found the insects with a single click. Since its launch on September 21, the app has attracted 200,000 users, who have marked more than 600 hotels across China.…

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Japanese challenger Tashima rates chances of unseating Fifa head Infantino at 20%-30%

Japan Football Association honorary president Kozo Tashima said governance was ⁠Fifa’s biggest problem as ⁠he outlined his platform for next ⁠year’s presidential election, while rating his chances of unseating incumbent Gianni Infantino at 20 to 30 per cent. Tashima announced on Thursday that he intended to run in t…

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China’s comfortable brain-reading device achieves 94% mind-typing accuracy in day-long use

Chinese researchers have created a comfortable electrode for non-invasive brain-computer interfaces (BCIs) that achieved over 94 per cent accuracy in visual mind-typing tests during day-long use. The gradient electrodes – designed to overcome the current trade-offs of conventional uniformly soft or rigid electrodes …

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Hyundai Motor's HTWO teams up with Air Liquide to expand hydrogen mobility in China

Hyundai Motor Group said Monday its hydrogen business brand HTWO will partner with French industrial gas company Air Liquide to expand hydrogen-powered mobility in China. HTWO Guangzhou, the South Korean automotive group's first overseas hydrogen fuel-cell system manufacturing base, signed a cooperation agreement wi…

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