Business
– South Korea’s monthly exports reached a record $115.3 billion in October, up 93.7% from a year earlier, as semiconductor sales surged. Data released on Sunday by the Ministry of Trade, Industry and Resources showed chip exports alone soaring 259%
– Kenya aims to raise its annual coffee output to 150,000 metric tonnes, with new climate-resilient varieties expected to play a central role. Production is projected at about 60,000 metric tonnes in the 2025/2026 season, well short of that target.
– Germany’s new electric vehicle registrations surged 58% to 604,000 in the first nine months of 2026, helping lift global battery-electric vehicle registrations to a record 11 million, according to PwC. Worldwide registrations rose 12% over the period, driven mainly
– Japan’s exports rose for a 13th straight month in September, but faster growth in imports left the country with a trade deficit of 536.6 billion yen. Preliminary figures from the Ministry of Finance showed exports up 16.7% year on
– 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 period last year, according to
– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for December delivery settled up $3.94,