Browsing: Business
– By early October 2026, Indonesia’s financial markets attracted foreign investments totaling Rp131.1 trillion, approximately $7.33 billion. Finance Minister Suahasil Nazara shared this cumulative figure during the government’s monthly state budget briefing in Jakarta. The majority of these inflows were
– On October 7, in Mauritius, the African Union officially introduced the Africa Credit Rating Agency, or AfCRA. This new entity is designed to focus on African sovereigns, corporations, and other issuers. AfCRA aims to deliver independent credit evaluations based
– Pakistan’s federal state-owned enterprises (SOEs) accumulated liabilities totaling approximately $36.5 billion by the end of December 2025. This figure indicates a 14.3% increase from the previous year, equating to an additional roughly $4.7 billion at current exchange rates. The
– In 2025, the UAE’s outward foreign direct investment (FDI) reached a total of $63.353 billion, as reported by UN Trade and Development. By the end of the year, the country’s cumulative outward FDI stock had climbed to $402.729 billion,
– Pakistan saw another increase in petrol prices on October 6 following the daily fuel adjustment. The cost of petrol was raised by Rs0.88 per litre to Rs393.64, building on the upward trend seen three days earlier. Conversely, high-speed diesel
– On Monday, India and Switzerland formalized their collaboration through five new agreements during high-level discussions held in New Delhi. Prime Minister Narendra Modi and Swiss President Guy Parmelin led the negotiations. These accords encompass areas such as migration, young
– Oil prices remained close to $102 a barrel on Monday following a brief surge above $103 in early trading. At 0900 GMT, Brent crude futures increased by 5 cents to $102.30 per barrel. Meanwhile, U.S. West Texas Intermediate crude
– Renault Group announced on October 3 that it intends to invest more than €10 billion in France over the next five years, according to Chief Executive François Provost. The focus of this capital infusion will be on electric vehicles
South Korea’s consumer price index for September showed an annual rise of 2.9 percent, primarily fueled by ongoing increases in fresh agricultural produce and energy commodities. The data published by Statistics Korea reveals that consumer prices continued their upward trend,
– India’s Commerce and Industry Minister Piyush Goyal is currently in the United States participating in the G20 Trade Ministers’ Meeting along with bilateral trade discussions. The event is scheduled in Milwaukee on September 30 and October 1. According to
