Business
– South Korea posted the second-largest current account surplus among major economies in the second quarter, exceeding the combined surpluses of Germany and Japan. The country’s surplus reached $116.63 billion in the April-June period, according to central bank data reported
– In the first seven months of 2026, trade between Russia and Oman experienced a remarkable 22-fold increase, totaling $1.5 billion, according to Russian Security Council Secretary Sergei Shoigu. He shared these figures on Tuesday, October 20, during a meeting
– According to preliminary data from the Ministry of Finance, Japan experienced a trade shortfall of 536.6 billion yen in September as import growth outpaced exports. During the same period, exports increased by 16.7% from the previous year to reach
– 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
– Oman’s total electricity generation increased by 4.3% compared to the same period in 2025, reaching 37,481.8 gigawatt-hours through August 2026. During the first eight months of 2025, output was 35,935.3 GWh. According to initial figures from the National Centre