Business
– Indonesia recorded a cumulative trade surplus of $10.61 billion from January to September 2026, driven mainly by strong non-oil and gas exports, Statistics Indonesia (BPS) said on Monday. Non-oil and gas trade generated a surplus of $34.21 billion, more
– Half of Africa’s 20 largest banks are building a multi-billion-shilling war chest to expand in Kenya, racing for a share of one of East Africa’s most profitable financial services markets. The lenders are injecting fresh capital into their Kenyan
– 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
– Global registrations of battery-electric vehicles rose 12% in the first nine months of 2026 to a record 11 million, driven by strong growth in Europe, according to a study by consultancy PwC. Europe accounted for 2.5 million electric cars,
– Oil prices rose on Wednesday, with Brent crude futures climbing $1.48, or 1.3%, to $115.36 a barrel by 01:40 GMT. US West Texas Intermediate crude futures gained $1.22, or 1.22%, to $101.12 a barrel. The increase reversed part of
– 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,