– African countries are feeling the economic fallout of the US-Israel war on Iran, with rising fuel and fertiliser prices threatening food security, trade officials have warned. Ministers from the region and a senior UN trade official raised the concerns
– South Korea’s current account surplus reached $116.63 billion in the second quarter, the second-largest among major economies after China, central bank data showed. The surplus was larger than those of Germany and Japan combined, Yonhap News Agency reported. China
Business
News
Business
– Microsoft is offering a voluntary exit package to about 27% of its workforce as it seeks to fund a costly AI infrastructure expansion while protecting capital efficiency. The offer, announced on Monday, applies to certain employees in the United
– South Korea’s current account surplus reached $116.63 billion in the second quarter, the second-largest among major economies after China, central bank data showed. The surplus was larger than those of Germany and Japan combined, Yonhap News Agency reported. China
– Bilateral trade between Russia and Oman reached $1.5 billion in the first seven months of 2026, its highest level in a decade, according to Sergei Shoigu. The Secretary of Russia’s Security Council said trade had increased 22-fold over the
– Japan’s exports rose for a 13th straight month in September, but faster growth in imports left the country with a trade deficit of 536.6 billion yen. Preliminary figures from the Ministry of Finance showed exports up 16.7% year on
Travel
– Türkiye aims to become the world’s sixth-highest-earning country in tourism revenue, backed by a larger budget allocation for the sector in 2027. The 2027 central government budget draft sets tourism funding at $244.5 million, up from $188.4 million this
– Air Arabia will launch nonstop flights between Sharjah International Airport and Amman City Airport on November 15, 2026. The new route will operate four times each week and expand the carrier’s network between the United Arab Emirates and Jordan.
– Air Arabia will resume daily nonstop flights between Ras Al Khaimah and Kozhikode, India, on October 16, 2026. The service will restore a direct air link between the UAE emirate and the coastal city in Kerala. The airline announced
Health
– Namibia’s Zambezi Region has recorded 33,944 malaria cases since January, according to health authorities. The region has also recorded 22 deaths from the disease this year. Muyako, Choi and Sesheke clinics are the main hotspots. Together, they accounted for
