Morning Wide: Today's Major News (October 29, 2026)

1. US Federal Reserve Pauses Rate Hikes to Catch Breath... "Possibility of Additional Hike in December"

Overnight, the US central bank, the Federal Reserve, kept its benchmark interest rate on hold. Federal Reserve Chair Kevin noted that the inflation rate is still too high, and prospects are growing that an additional hike is likely in December.

2. SK Hynix Drives Kospi Bull Market... Samsung Electronics to Announce Earnings Today

SK Hynix announced record-breaking performance and large-scale shareholder return policies, helping the Kospi recover the 6,000 mark for the first time in half a month. Samsung Electronics is also releasing its third-quarter earnings and shareholder return policies today (October 29), with forecasts suggesting it could surpass the 100 trillion won unveiled by SK Hynix.

3. Vote Verification Completed in 12 Hours... People Power Party Protests to Block Removal of Ballots

The special counsel team's on-site verification of 2.47 million ballots from the Songpa district, stored at Olympic Park, concluded early this morning after about 12 hours. While ballots found with anomalies were set aside for investigation and the rest were planned to be moved to a secure warehouse, People Power Party observers blocked the removal of the ballots, delaying the transport.

4. At Least 68 Dead in Spain Train Collision... Two South Koreans Sustain Minor Injuries

At least 68 people have been confirmed dead and nearly 100 injured following a train collision in Spain. Among the 10 South Korean passengers on board, two suffered minor injuries and are currently receiving treatment at a hospital.
※ Please note: This article was translated by AI and may contain errors.