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
News
– India lifted an estimated 496 million people out of poverty between 2011 and 2023, according to the World Bank’s October 2026 Poverty and Equity Brief. The share of Indians living in extreme poverty fell from 27.1% to just 2.6%
– Cyclone Arnab made landfall in India’s Andhra Pradesh state early on Wednesday after authorities evacuated tens of thousands of people from the eastern coast. The India Meteorological Department classified Arnab as a very severe cyclonic storm, the third-highest category
– 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
Latest News
– 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
– Prime Minister Narendra Modi held an interaction with members of parliament from BRICS nations during the 12th BRICS Parliamentary Forum in New Delhi. Modi and the visiting parliamentary delegates exchanged perspectives on a wide range of issues. The two-day
– Microsoft said on Monday it is offering voluntary buyouts to a wide range of employees as it balances a costly artificial intelligence infrastructure build-out with capital efficiency. The new voluntary exit offer covers certain workers in the United States,
– 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
– 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
Automotive
Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
Lifestyle
MENA Newswire News Desk: U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has announced the launch of its Fall-Winter 2024 Collection, inspired by the natural beauty of Salt Lake City, Utah. The new collection celebrates
