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South Korea's special prosecution team investigating emergency-martial-law incidents asked the Seoul High Court on the 16th to uphold a first-instance 30-year prison sentence for former president Yoon Suk-yeol, saying he manufactured a drone incursio

2026-10-16

South Korea's special prosecution team investigating emergency-martial-law incidents asked the Seoul High Court on the 16th to uphold a first-instance 30-year prison sentence for former president Yoon Suk-yeol, saying he manufactured a drone incursion over Pyongyang and abused commander-in-chief authority. Prosecutors told the appellate closing hearing Yoon is charged under a general aiding-the-enemy offense for allegedly attempting to provoke N. KOREA into armed action, risking escalation to a local or full-scale war. The prosecution also sought a 30-year term for former defense minister Kim Yong-hyun.

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2026-10-16

U.S. Treasury Department: The United States has issued a general license for Iran, allowing for the phase-out of transactions involving the International Bank for Investment and Financial Development.

U.S. Treasury Department: The United States has issued a general license for Iran, allowing for the phase-out of transactions involving the International Bank for Investment and Financial Development.
2026-10-16

By morning close, Chinese main futures contracts were mixed. Palladium, polysilicon, butadiene rubber, Shanghai tin, industrial silicon and Shanghai silver rose more than 2%; aluminum and platinum gained nearly 2%. Benzene and styrene (EB) fell over

By morning close, Chinese main futures contracts were mixed. Palladium, polysilicon, butadiene rubber, Shanghai tin, industrial silicon and Shanghai silver rose more than 2%; aluminum and platinum gained nearly 2%. Benzene and styrene (EB) fell over 2%.
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