August 26, 2026
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DR Congo allocated 70,000 doses for Ebola outbreak

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Business

China expands digital yuan network with 12 new banks

omandailynews.com
BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting the total number of approved operators to 22. The People’s Bank of China said the newly admitted institutions will connect to the central bank’s digital......
Business

South Korea FX reserves fall in March on stronger dollar

omandailynews.com
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday. Official reserves stood at $423.66 billion at the end of March, down $3.97 billion from......
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Northern China coal mine roof collapse kills four

omandailynews.com
LVLIANG: Four workers were killed after a roof collapse late Wednesday at the Guanjiaya coal mine in Xingxian county in northern China’s Shanxi province, with local authorities confirming the deaths early Thursday after an overnight rescue operation. The accident happened at about 9:15 p.m. on April 1 and trapped four people underground. Emergency......
Business

South Korea inflation hits 2.2% in March on oil surge

omandailynews.com
DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer price index rose 0.3%, matching the pace seen in February. The reading placed inflation back......
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Ternate earthquake triggers tsunami alert, leaves one dead

omandailynews.com
TERNATE: A 7.4-magnitude earthquake struck the Molucca Sea off eastern Indonesia early Thursday, killing one person, damaging buildings and prompting a tsunami warning that was later lifted after small waves were recorded. The undersea quake hit at a depth of 35 kilometers about 127 kilometers west-northwest of Ternate, according to the U.S. Geological......
Business

Japan factory output drops 2.1 percent in February

omandailynews.com
TOKYO: Japan’s industrial output fell 2.1% in February from the previous month, official preliminary data showed on Tuesday, as weaker production in autos, fabricated metals and electronic parts reversed some of January’s strength. The decline matched economists’ median forecast and marked the first monthly drop in three months. On a seasonally adjusted......
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Magnitude 5 earthquake hits eastern Japan without tsunami

omandailynews.com
TOKYO: A magnitude 5.0 earthquake struck southern Ibaraki Prefecture in eastern Japan at 10:06 a.m. on Wednesday morning, shaking the Kanto region and causing buildings in Tokyo to sway, while authorities said there was no tsunami warning. The Japan Meteorological Agency said the quake was centered at a depth of 48 kilometers and......
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WTO digital tariff deadlock clouds reform push

omandailynews.com
YAOUNDE: The World Trade Organization’s 14th ministerial conference ended early Monday without agreement on extending the long-running moratorium on customs duties for electronic transmissions, a lapse that sharpened questions about the body’s ability to update trade rules and advance wider institutional reform. WTO officials said the moratorium had expired after ministers ran out......
Business

South Korea central bank hits record annual profit

omandailynews.com
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains on foreign-currency assets and stronger securities prices lifted results. The total marked a 96.03% increase from 2024 and surpassed the central bank’s previous high of......
Business

China medical equipment market hits 1.44 trillion yuan

omandailynews.com
CHONGQING: China’s medical equipment market expanded 60.5% between 2021 and 2025, reaching 1.44 trillion yuan ($208 billion) last year, according to data released at the 2026 China Medical Equipment Conference in Chongqing. The figures also showed medical equipment exports totaled $45.8 billion in 2025, up 62.4% from 2019. The China Association of......