Samsung Electronics Q3 net profit rises 21% on chip sales
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Samsung Electronics reported a 21% increase in third-quarter net profit to 12.22 trillion won on October 30. The semiconductor division's record performance, driven by the AI boom, led the gains. Operating profit surged 32.5% to 12.16 trillion won, beating market expectations.
Prabowo emphasizes total war on drugs at destruction event
President Prabowo Subianto attended the destruction of 214.84 tons of narcotics worth Rp29.37 trillion in Jakarta on October 29, 2025. He declared drugs as the biggest threat to the nation and called for synergy among all parties to eradicate them. The event marks one year of Prabowo's government with 49,306 drug cases handled by Polri.
Finance minister explains reasons for issuing PP 38 of 2025
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Leaders and officials of 10 APEC economies arrive in Gyeongju
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Leaders and top delegates from 10 Asia-Pacific Economic Cooperation (APEC) member economies have arrived in Gyeongju, South Korea, ahead of the 2025 summit. U.S. President Donald Trump's visit highlights bilateral talks and a special banquet hosted by President Lee Jae Myung. New Zealand Prime Minister Christopher Luxon plans to honor Korean War veterans at the UN Memorial Cemetery in Busan.
Philippines assumes ASEAN chairmanship amid three key challenges
At the close of the 2025 ASEAN summit in Kuala Lumpur, President Ferdinand Marcos Jr. officially accepted the bloc's chairmanship for 2026 from Malaysian Prime Minister Anwar Ibrahim. This handover places significant responsibilities on the Philippines, including advancing South China Sea code of conduct negotiations, addressing the Myanmar crisis, and navigating US-China trade tensions. Upon returning home, Marcos reaffirmed the country's firm stance on the West Philippine Sea.
Hegseth calls South Korea's OPCON transfer push 'great'
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U.S. Defense Secretary Pete Hegseth positively assessed South Korea's push to retake wartime operational control from the United States, calling it a 'great' endeavor. He depicted South Korea as a 'combat credible partner' during a press meeting on a plane en route to Malaysia. The remarks underscore the U.S. emphasis on allies assuming greater security responsibilities.
Japan government keeps basic economic view unchanged in October
The Japanese government kept its basic economic assessment unchanged in a monthly report released on October 29. It maintained its views on the overall recovery pace and major sectors. However, it downgraded its outlook on business failures for the first time since January 2023, acknowledging an increase.
Hajj costs for 2026 lowered without reducing service quality
Indonesia's House Commission VIII and the Ministry of Hajj and Umrah have set the hajj service cost for 2026 at Rp87.4 million per pilgrim, down about Rp2 million from the previous year. This reduction does not compromise service quality for pilgrims. Pilgrims pay Rp54.2 million directly, with the rest covered by hajj fund management.
KDDI partners with Google Cloud Japan on responsible AI search
KDDI announced on October 29 an agreement with Google Cloud Japan to develop a 'responsible' AI search service that displays only content consented to by creators. The service will leverage Google's AI assistant Gemini and is set to launch in spring 2026. It aims to build a generative AI search model that respects copyrights.
Court finds upper house election in unconstitutional state over vote disparity
The Kanazawa branch of the Nagoya High Court ruled on Wednesday that Japan's July election for the House of Councilors was held in a state of unconstitutionality due to vote-value disparities. The court dismissed a claim to invalidate the election despite this finding. This contrasts with a recent ruling by the Osaka High Court deeming the election constitutional.