Business

Korean exports reached $61.6 billion in the first 20 days of October, more than doubling as semiconductor shipments jumped 222.5%.

Brent crude touched $110 a barrel for the first time since May, settling at $109.86 as Middle East tensions and Russian diesel doubts lifted oil prices.

Remittances from Egyptians abroad rose 27.2% to a record $33.9 billion in January-August 2026, the Central Bank of Egypt said.

Oman electricity production rose 4.3% through August 2026, while water output fell 3.5%, based on latest preliminary national data.

Indonesia drew $7.33 billion in foreign capital through early October, led by government bonds and central bank securities.

African Union launches AfCRA in Mauritius, creating an independent Africa-focused credit rating agency for sovereign and corporate issuers.

Pakistan’s state-owned enterprises carried $36.5 billion in debt as losses, circular debt and fiscal support kept pressure on public finances.

UAE outward FDI reached $63.353 billion in 2025 as overseas investment stock climbed to $402.729 billion across major global markets worldwide.

Pakistan raises petrol to Rs393.64 per litre while high-speed diesel falls to Rs397.76 under the latest daily fuel price revision.

India and Switzerland signed five pacts covering trade, mobility, research and infrastructure as both sides expanded investment cooperation.