The Spectator

Category : Business

Business

Russia-Oman trade jumps 22-fold to $1.5 billion, Shoigu says

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– Trade between Russia and Oman grew 22-fold in the first seven months of 2026 to reach $1.5 billion, Russian Security Council Secretary Sergei Shoigu said. He gave the figures on Tuesday, October 20, during...
Business

Japan posts 536.6 billion yen trade deficit in September

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– Japan recorded a trade deficit of 536.6 billion yen in September as imports grew faster than exports, preliminary data from the Ministry of Finance showed. Exports rose 16.7% from a year earlier to 10.9723...
Business

Korean exports double to $61.6 billion on chip shipments

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– South Korea’s exports more than doubled from a year earlier in the first 20 days of October, reaching $61.6 billion on record semiconductor shipments. The Korea Customs Service released the data on Wednesday. Average...
Business

Brent oil touches $110 for first time since May

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– Brent crude touched $110 a barrel on Friday for the first time since May as escalating Middle East tensions raised fears of tighter supplies. Brent futures for December delivery settled $3.94, or 3.7%, higher...
Business

Egyptian expat remittances surge 27.2% to $33.9 billion

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– Remittances from Egyptians working abroad rose 27.2% in the first eight months of 2026 to a record $33.9 billion. The Central Bank of Egypt reported the figures on Tuesday, October 13. Inflows stood at...
Business

Oman electricity output grows as water production declines

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– Oman’s total electricity production rose 4.3% year on year through August 2026, reaching 37,481.8 gigawatt-hours. Output stood at 35,935.3 GWh during the same period of 2025. Preliminary data from the National Centre for Statistics...
Business

Indonesia logs $7.33 billion in 2026 foreign inflows

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– Foreign capital inflows into Indonesia’s financial markets reached Rp131.1 trillion, about $7.33 billion, through early October 2026. Finance Minister Suahasil Nazara announced the cumulative figure during the government’s monthly state budget briefing in Jakarta....
Business

African Union launches Africa Credit Rating Agency

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– The African Union officially launched the Africa Credit Rating Agency, or AfCRA, in Mauritius on October 7. The new institution will focus on African sovereigns, companies and other issuers. AfCRA plans to provide independent...