Business
– On October 7, Mauritius hosted the official unveiling of the African Union initiative, the Africa Credit Rating Agency, or AfCRA. This new body aims to deliver independent credit evaluations for African sovereigns, corporations, and other entities, utilizing local data,
– Pakistan’s federal state-owned companies had a total debt of approximately $36.5 billion at the end of December 2025. This amount represents a 14.3% increase from the previous year, adding around $4.7 billion based on current exchange rates. The Ministry
– In 2025, the UAE’s outward foreign direct investment reached a total of $63.353 billion, as reported by UN Trade and Development. By the end of the year, the nation’s total FDI stock abroad had grown to $402.729 billion, compared
– During high-level talks in New Delhi on Monday, India and Switzerland formalized five new cooperation agreements. Prime Minister Narendra Modi and Swiss President Guy Parmelin led the negotiations. The agreements encompass migration, young professionals, transport infrastructure, scientific research, innovation,
– Oil prices hovered close to $102 a barrel on Monday, following a brief surge above $103 in early trading, with Brent crude futures gaining 5 cents to reach $102.30. Meanwhile, U.S. West Texas Intermediate crude declined by 49 cents,
South Korea experienced a 2.9 percent increase in its consumer price index for September, mainly driven by ongoing surges in fresh agricultural products and energy commodities. The data released by Statistics Korea shows that consumer prices continued their upward trend,