Category : Business

Business

Indonesia draws $7.33 billion in foreign funds in 2026

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– Indonesia recorded Rp131.1 trillion, about $7.33 billion, in foreign capital inflows through early October 2026. Finance Minister Suahasil Nazara presented the figure during the government’s latest state budget briefing in Jakarta. Most foreign investment...
Business

Africa launches first continental credit rating agency

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– The African Union has formally launched the Africa Credit Rating Agency, known as AfCRA, in Mauritius. The agency will provide credit assessments for African sovereigns, companies, financial institutions and other issuers. Its launch took...
Business

Debt-ridden Pakistan faces $36.5 billion SOE burden

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– Pakistan’s federal state-owned enterprises held about $36.5 billion in debt at the end of December 2025. The total increased 14.3% from a year earlier, adding roughly $4.7 billion at current exchange rates. Pakistan’s Ministry...
Business

UAE global FDI stock reaches $402.7 billion in 2025

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– The UAE recorded $63.353 billion in outward foreign direct investment during 2025, according to UN Trade and Development. The country’s total outward FDI stock reached $402.729 billion at the end of the year. That...
Business

Pakistan fuel prices diverge as petrol rises, diesel falls

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– Pakistan raised petrol prices again on October 6, extending an increase announced three days earlier. Petrol climbed by Rs0.88 to Rs393.64 per litre under the latest fuel revision. High-speed diesel fell by Rs1.88 to...
Business

Brent crude steadies after surge above $103

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– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas...
Business

Renault expands France EV push with €10 billion investment

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– Renault Group plans to invest more than €10 billion in France over the next five years. Chief Executive François Provost announced the commitment on October 3. The spending will support electric vehicles and lower-cost...
Business

South Korean inflation reaches 2.9 percent annual growth

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Persistent gains in fresh agricultural produce and energy commodities pushed South Korea’s September inflation rate to an annual 2.9 percent growth rate. Macroeconomic filings published by Statistics Korea confirm that severe weather patterns during the...
Business

India-US trade pact talks return at G20 meeting in Milwaukee

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– India’s Commerce and Industry Minister Piyush Goyal is visiting the United States for trade talks and a G20 ministerial meeting. The G20 Trade Ministers’ Meeting is taking place in Milwaukee on September 30 and...
Business

UAE Zambia leaders discuss trade investment and CEPA

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– UAE President Sheikh Mohamed bin Zayed Al Nahyan met Zambian President Hakainde Hichilema in Abu Dhabi on September 29. Their talks focused on trade, investment, renewable energy and infrastructure cooperation. The leaders also reviewed...