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Business
– South Korea’s exports jumped 93.7% from a year earlier to a record $115.3 billion in October, driven largely by a sharp rise in semiconductor shipments. The Ministry of Trade, Industry and Resources released the data on Sunday. Imports rose
– Kenya is banking on new coffee varieties to boost production, improve yields and help farmers cope with climate change as it targets annual output of 150,000 metric tonnes. Henry Kinyua, chairperson of the Coffee Board of Kenya, said researchers
– Global registrations of battery-electric vehicles rose 12% in the first nine months of 2026 to a record 11 million, driven by strong growth in Europe, according to a study by consultancy PwC. Europe accounted for 2.5 million electric cars,
– According to Russian Security Council Secretary Sergei Shoigu, the trade exchange between Russia and Oman experienced a remarkable 22-fold growth in the first seven months of 2026, reaching a total of $1.5 billion. He disclosed these figures on Tuesday,
– Preliminary figures from the Ministry of Finance indicate that Japan experienced a trade shortfall of 536.6 billion yen in September, driven by faster growth in imports compared to exports. During this period, exports increased by 16.7% from the previous
– In the first 20 days of October, South Korea’s exports surged beyond expectations, reaching $61.6 billion, thanks to record-breaking semiconductor shipments. The Korea Customs Service announced these figures on Wednesday. The average daily export value, based on working days,
– Brent crude surged to $110 a barrel on Friday, marking its first breach of this level since May, amid rising Middle East tensions that sparked concerns over tighter supplies. Brent futures for December settlement closed $3.94, or 3.7%, higher
– Between January and August 2026, remittances sent home by Egyptians working abroad surged by 27.2%, reaching a historic high of $33.9 billion. The Central Bank of Egypt announced these figures on Tuesday, October 13. During the same period in
– Oman’s overall electricity generation increased by 4.3% compared to the same period in 2025, reaching a total of 37,481.8 gigawatt-hours by August 2026. During the first eight months of 2025, the figure was 35,935.3 GWh. Data from the National
