Business
– In the initial 20 days of October, South Korea’s total exports surged to $61.6 billion, more than doubling compared to the same period last year, driven primarily by record semiconductor shipments. The Korea Customs Service announced these figures on
– Brent oil prices reached $110 a barrel on Friday, marking the first time since May, as escalating tensions in the Middle East fueled fears of tighter supplies. Brent futures for December settlement increased by $3.94, or 3.7%, to close
– Remittances sent home by Egyptians working abroad surged by 27.2% in the first eight months of 2026, reaching a record $33.9 billion. The Central Bank of Egypt announced these figures on Tuesday, October 13. During the same period in
– Foreign capital inflows into Indonesia’s financial markets totaled Rp131.1 trillion, approximately $7.33 billion, up to early October 2026. Finance Minister Suahasil Nazara disclosed this cumulative amount during the government’s monthly state budget briefing in Jakarta. According to the Finance
– 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