Business
– 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,
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.
– Oman’s electricity production increased 4.3% year on year during the first eight months of 2026. Total output reached 37,481.8 gigawatt-hours, compared with 35,935.3 GWh in the same period of 2025. The increase amounted to about 1,546.5 GWh. Preliminary figures
Technology
– A new ultrasonic welding method developed by Russian and Chinese scientists doubles the strength of metal joints and extends component life, TV BRICS reported. The work was carried out by researchers at South Ural State University in cooperation with
– Samsung Electronics has presented new memory and storage technology strategies designed to improve the performance of artificial intelligence infrastructure. The company revealed the plans at the 2026 OCP Global Summit in San Jose, California, held from October 12 to
– Meta has launched Muse Wonder and Muse Wonder Full, a new family of advanced artificial intelligence models. The company built the systems for software development, AI agents and complex everyday tasks. They can assist with areas such as leases,
– The European Commission has proposed a new communications network for emergency and security services across Europe. The EU Critical Communication System, known as EUCCS, would connect national networks used by police, firefighters and medical responders. Civil protection authorities would
Apple introduced the iPhone Duo on Sept. 9, marking its first foldable iPhone. The device starts at $1,999 in the U.S. and opens to a 7.6-inch inner display. When closed, it uses a 5.4-inch outer screen for standard phone tasks.