News
– Severe flooding across Thailand has killed 71 people since September 16 and disrupted communities across much of the country. Floods have affected 51 provinces during the disaster period. By October 12, water remained across 20 provinces and Bangkok. National
– Pakistan has imposed governor’s rule in Khyber Pakhtunkhwa after President Asif Ali Zardari approved the federal cabinet’s recommendation. The decision transfers control of provincial executive functions from the Pakistan Tehreek-e-Insaf administration to Governor Faisal Karim Kundi. Prime Minister Shehbaz
Business
– 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 $26.6 billion during the same
– 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 and Information showed growth across
– 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. The Finance Ministry said government
– 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 credit assessments using African data,
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
German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the
Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second
Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and