Business

Russia and Oman trade hits 10-year high at $1.5 billion

congodailynews.com
– 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...
Business

South Korea chip exports surge 222.5% in early October

congodailynews.com
– South Korea’s semiconductor exports surged 222.5% year on year to $27.5 billion in the first 20 days of October, driving total exports to $61.6 billion. Overall outbound shipments more than doubled from the same...
Business

Korea’s August exports jump 68.7% to $98.25 billion on chips

congodailynews.com
The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade,...
UAE economy extends global rise on strong 2026 data
Business

UAE economy extends global rise on strong 2026 data

congodailynews.com
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
Bank of Korea holds 2.5% rate and rolls out dot plot
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

congodailynews.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...