The Iranian rial fell to a record low on Tuesday, trading above 2.5 mln rials per US dollar in Tehran’s currency market, highlighting the ongoing Middle East conflict’s drain on Iran’s economy. The move comes 27 days after a prior record of 2.2 mln per USD on Sept. 2; the currency has repeatedly hit new lows since fighting erupted in February. Iran’s top diplomat said indirect US-Iran talks to reopen the strategic Strait of Hormuz had become "more serious." The Islamic Revolutionary Guard Corps’

The National Radio and Television Administration issued guidance, effective immediately, to promote high-quality development of public-service advertising on broadcast TV and online audiovisual platforms. It calls for improving support programs and comprehensive evaluation, expanding and optimising funding sources and use, and providing targeted support for priority themes and special projects while encouraging broad social participation. The guidance demands stricter monitoring and supervision, strengthens the demonstrative role of mainstream broadcast media, leverages online audiovisual platforms, and mandates building and using a shared-content platform and coordinating online and offline public-audiovisual carriers to boost distribution efficiency.

Yonhap reports South Korea's President Lee said he will advance three core social policies: housing, employment and inclusive finance.