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Daily briefing · 2026-10-26 (Mon)

Samsung 3Q operating profit 107.4 trillion won Saudi-Houthi retaliatory airstrikes

Samsung Electronics Q3 preliminary operating profit 107.4 trillion won.

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Today's must-read · 7 stories

01

Samsung Electronics Q3 preliminary operating profit 107.4 trillion won, revenue about 195 trillion won

Samsung Electronics announced preliminary Q3 results of revenue of about 195 trillion won and operating profit of 107.4 trillion won. Final results will be released on the 29th. SK Hynix will announce results on the 28th, and market consensus is revenue of about 98.2 trillion won and operating profit of about 77.0 trillion won.

02

Saudi-Houthi mutual airstrikes; US orders non-essential personnel at Saudi embassy to leave

The Yemeni Houthis claimed they struck Riyadh airport, Aramco facilities in Yanbu, and the East-West pipeline, but Saudi Arabia did not confirm this. The Saudi-led coalition intercepted two missiles. The US ordered non-essential personnel at its embassy in Saudi Arabia to depart.

03

Kim Jong Un makes same-day trip to Dandong, meets Wang Huning

Kim Jong Un unexpectedly visited Dandong on October 24 and met Wang Huning, chairman of the CPPCC and ranked fourth in the party hierarchy. There was no separate meeting with Xi Jinping. It is his first trip to China in about 1 year and 1 month. On the 25th, KCNA reported that he laid flowers at the Museum for the War to Resist America and Aid Korea.

04

Russia and Ukraine agree to humanitarian pause in fighting around Oleshky

Under an agreement announced on the 23rd, fighting in the Oleshky area of southern Ukraine, which is Russian-occupied, will be temporarily halted, allowing aid delivery and civilian evacuation. The White House said First Lady Melania Trump contributed to the negotiations, and Reuters reported that both sides agreed. It is not a nationwide ceasefire.

05

PHP2Shell spreads; KISA recommends interim measures for new CVE

KISA rated CVE-2026-109618 and 109619 at 9.2 under CVSS 4.0 on the 22nd, and on the 24th recommended interim measures for CVE-2026-115560, which is not resolved by the 21st patch. The Ministry of Science and ICT and KISA raised the private-sector cyber crisis alert to 'Caution'.

06

Roche's divarasib cuts risk of death 44% in Phase 3 KRAS lung cancer trial

Roche said that in a Phase 3 trial (Krascendo 1, 338 patients) in previously treated KRAS G12C-mutant non-small cell lung cancer, divarasib reduced the risk of death by 44% compared with sotorasib or adagrasib. Response rates were 58% vs. 32%, and there were no new safety issues.

07

NASA announces end of 22-year mission for Swift gamma-ray observatory

On October 23, NASA announced the end of the science mission of Swift, the gamma-ray burst observatory. The satellite, designed for a 2-year life, operated for 22 years and observed more than 2,000 gamma-ray bursts. Its altitude has dropped below 275 km, making stable observation difficult, and NASA said it will re-enter the atmosphere within a few weeks.

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02Politics & society

Politics & society

Few Sunday news items. Kim Jong Un visits Dandong, China on October 24, confirmed by the Ministry of Unification
Kim Jong Un visited Dandong, China on October 24, confirmed by Ministry of Unification information

Newspim reported, citing Ministry of Unification information, that North Korean leader Kim Jong Un visited Dandong, China on October 24.

Lufthansa drops 'Green Fare' name after German court ruling

The court found that the company could not quantify or explain the emissions of a single airline ticket, so the implication of climate neutrality could be misleading. Lufthansa renamed the fare 'Impact Fare'.

03Economy & finance

Economy & finance

SK Hynix discloses halt of pre-IPO fundraising and IPO review for Solidigm
SK Hynix halts IPO review and pre-IPO fundraising for Solidigm

On the 23rd, SK Hynix disclosed that it is halting pre-IPO fundraising and IPO review for Solidigm, its US NAND subsidiary. The market had expected up to 15 billion dollars to be raised.

October 25 crypto prices: Bitcoin up 0.08%, Monero surges 7.77%

As of 10:00 a.m. on October 25 per CoinMarketCap: Bitcoin 80,688 dollars (+0.08%), Ethereum 2,354 dollars (-0.84%), Solana 102.22 dollars. Among the top 100, Monero rose +7.77% and Morpho fell -4.89%.

04Business & industry

Business & industry

SK Hynix discloses halt of Solidigm IPO. HD Hyundai agrees to form shipyard joint venture with US firm Keywit
SK Hynix halts IPO review and pre-IPO fundraising for Solidigm

On the 23rd, SK Hynix disclosed that it is halting Solidigm's pre-IPO fundraising and IPO review. The market had expected up to 15 billion dollars to be raised, and a conference call on Q3 results will be held on the 28th.

HD Hyundai agrees to form joint venture 'HD Keywit Shipbuilding' with US firm Keywit

HD Hyundai signed a joint venture agreement with Keywit on the 22nd (US local time) to build a smart shipyard in the United States. Construction is planned to start in 2027 with full operations in 2029. The site and investment size have not been decided.

Ministry of SMEs and Startups unveils 10 startup regulatory reform tasks

The Ministry of SMEs and Startups presented 10 tasks across 3 areas: startup support criteria, financial investment, and re-founding. Extension of Mother Fund sub-funds will be possible with the consent of some LPs, and implementation requires amending laws.

05AI & tech

AI & tech

Response to PHP2Shell spreads. KISA recommends interim measures for a new CVE. Financial sector inspections. Palo Alto VPN flaw exploited by ransomware
Samsung Electronics Q3 preliminary operating profit 107.4 trillion won

Samsung Electronics announced preliminary Q3 revenue of about 195 trillion won and operating profit of 107.4 trillion won. Final results come out on the 29th, and SK Hynix will announce its results on the 28th.

Week 4 of October individual net buying: SK Hynix ranks first at 140 billion won

According to Kiwoom Securities data (October 19-23), SK Hynix net buying was 140.1 billion won, up 15.5% from the previous week, while Samsung Electronics was 25.3 billion won, down 75.4%.

KISA recommends interim measures for new PHP remote code execution vulnerability

KISA recommended interim measures for CVE-2026-115560 on the 24th. Patches such as PHP 8.5.12, released on the 21st, do not resolve it, and it only affects systems that meet several conditions, such as session serialization settings.

Korean banks conduct urgent inspections and patches in response to PHP2Shell

KB Kookmin Bank, Woori Bank and others launched urgent inspections and security patches. Financial authorities found that 130 of 555 financial firms inspected had inadequate security management. Hana Bank confirmed that it does not use PHP.

Cipherma reports Korean-speaking attackers preparing PHP-targeted attacks

On the 23rd, Cipherma revealed signs that Korean-speaking attackers were preparing to attack government and financial institutions by exploiting PHP vulnerabilities. The article notes that no actual breach has been confirmed.

Ransomware groups exploit Palo Alto GlobalProtect flaw

The PAN-OS GlobalProtect authentication bypass flaw CVE-2026-0257 was patched in May, but since June several ransomware groups have exploited it. Targets included healthcare, education, government, and energy.

Hollys 2.76 million records and Yonsei University 10,000 people: more domestic data leaks

On October 19, customer information of about 2.76 million Hollys customers leaked, and on the 22nd, a hack of the Yonsei University portal is estimated to have exposed information of about 10,000 people. Breaches were also confirmed at 16 financial firms.

Netflix holds Day 1 of 'Netflix Festa' for 10th anniversary of its Korea launch

Netflix held Day 1 of its Korea 10th anniversary event on the 24th at the Sangam Culture Reserve Base. It was live-streamed on YouTube, TikTok, and Chzzk, with cast members including Jung Hae-in and Jung Woo-sung taking part.

06World & security

World & security

Kim Jong Un visits Dandong on the same day. Saudi-Houthi retaliatory airstrikes. Russian attacks kill 8 and injure 51 in Ukraine in one day
Saudi Arabia intercepts Houthi missiles and drones over Riyadh and the south

According to the Saudi-led Yemen coalition, on the 25th Saudi Arabia intercepted missiles and drones over Riyadh and the southern region. The Houthis issued another warning against use of Riyadh airport.

Russia and Ukraine agree to temporary halt of fighting in occupied Oleshky area

The agreement announced on the 23rd temporarily halts fighting in the Oleshky area of southern Ukraine, allowing aid delivery and civilian evacuation. The White House cited Melania's contribution, and it is not a nationwide ceasefire.

Kim Jong Un meets Wang Huning in Dandong, showcasing China-North Korea friendship

Kim Jong Un made a same-day trip to Dandong on October 24 and met Wang Huning, chairman of the CPPCC. On the 25th, KCNA reported that he laid flowers at the Museum for the War to Resist America and Aid Korea. There was no separate meeting with Xi Jinping.

Saudi-Houthi retaliatory airstrikes on oil facilities and military bases

The Houthis claimed they struck Riyadh and Yanbu in Saudi Arabia, while the Saudi-led coalition intercepted two missiles headed for Taif and Yanbu. The Houthis said Saudi airstrikes caused casualties in Yemen.

Russian attacks kill 8 and injure 51 in Ukraine in one day

Russia launched 153 Shahed-type drones and Vanderol cruise missiles in the early hours of the 25th, and the Air Force intercepted 119 drones. In Vinnytsia, a drone struck a five-story residential building, injuring 6 people.

Drone strike in Synelnykove, Dnipropetrovsk region kills 3

On October 24, a Russian drone struck a residential building in the Synelnykove district of Dnipropetrovsk Oblast, killing 3 civilians and injuring at least 12. Among the injured is an 11-year-old girl.

Ukrainian drones hit shopping complex in Russia's Belgorod

Russian authorities said a massive drone attack on Belgorod killed 1 civilian and injured 14. Monitoring channels said the target was the MegaGRINN shopping complex, which has not been verified.

07Science & health

Science & health

Roche divarasib Phase 3 cuts death risk 44%. Takeda gastric cancer ADC Phase 3 overall survival 10.2 months. Presented at ESMO
NASA announces end of 22-year mission for Swift gamma-ray observatory

NASA announced on October 23 the end of Swift's science mission. Launched in 2004, with its last observation on October 20. It observed more than 2,000 gamma-ray bursts and more than 1,400 supernovae.

Roche divarasib cuts death risk 44% in Phase 3 lung cancer trial

In the Phase 3 trial (338 patients) in KRAS G12C-mutant non-small cell lung cancer, median overall survival was about 18 months vs. 12 months, and progression-free survival was 9.8 months vs. 5.7 months. Presented at ESMO and published in NEJM.

Takeda gastric cancer ADC meets Phase 3, plans Japan filing next year

The claudin 18.2-targeted ADC, tested in a trial of 464 patients with gastric cancer at third line or later, showed overall survival of 10.2 months vs. 6.9 months and progression-free survival of 7.1 months vs. 3.1 months. Takeda plans to submit a Japan NDA next year.

08Energy & environment

Energy & environment

New battery installations reached 108 GW in 2025. Four years of satellite observation of Antarctic ice cliffs. Dual-fuel ships pass 500
Satellite analysis of more than 15,000 Antarctic ice cliffs finds no runaway collapse

A Science study observed 15,330 Antarctic ice cliffs by satellite over four years. Cliffs taller than 100 m retreated faster than models predicted, but the effect was temporary and there were no cascade effects.

Ember: 2025 annual battery installations at 108 GW, 17 times 2020 level

According to Ember, annual battery installations grew 17-fold from 2020 to 2025 to reach 108 GW, and global cumulative capacity reached 270 GW.

Dual-fuel container ships and car carriers pass 500 in September

According to the World Shipping Council, dual-fuel container ships and car carriers surpassed 500 in September 2026, up 41% in one year. 849 are on order, with more than 200 billion dollars invested.

Houthis claim strikes on Saudi energy facilities, Brent highest since April

The Houthis claimed attacks on oil facilities including Yanbu and Rabigh, but Saudi Arabia did not confirm any damage. Brent closed Friday at 116.72 dollars and WTI at 103.27 dollars.

09Culture & sports

Culture & sports

Chiikawa theatrical film ranks No. 1 for 11 straight days, cumulative total passes 2.11 million. Assassin(s) 2nd at 3.34 million, Paradise Lost 3rd
Chiikawa film passes 2 million 25 days after release, No. 1 for 11th day

The Japanese anime 'Chiikawa Movie: Secret of the Mermaid Island' drew 145,109 viewers on October 24, bringing its cumulative total to 2,112,687 and marking 11 consecutive days at No. 1 at the box office. It is the 10th film released this year to pass 2 million.

Box office on October 24, ranks 2-5: Assassin(s), Paradise Lost, Clayface, Tazza

2nd 'Assassin(s)' with 28,692 viewers (cumulative 3,348,403), 3rd 'Paradise Lost' with 27,914 (cumulative 82,565), 4th 'Clayface' with 20,230, 5th 'Tazza: Song of Beelzebub' with 19,775.

Brewers win World Series Game 2 5-4 to take second straight victory

Milwaukee beat Tampa Bay 5-4 at home to take a 2-0 series lead. Tampa Bay scored 4 runs in the 1st, but in the 6th the Brewers tied it with a Frelick solo home run and took the lead on a Pratt RBI hit.

⌚ Watch ahead

Looking ahead

What to watch ahead

  • SK Hynix Q3 results announcement on the 28th
  • Samsung Electronics final Q3 results on the 29th
  • Federal Reserve policy meeting held October 28
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