Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1% in 2027, according to the September Asian Development Outlook. Strong investment, government stimulus and technology exports tied to artificial intelligence spending continue to support regional activity.
Business
Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1% in 2027, according to the September Asian Development Outlook. Strong investment, government stimulus and technology exports tied to artificial intelligence spending continue to support regional activity.
Remittances from Egyptians working abroad totaled about $29.7 billion from January through July 2026. The Central Bank of Egypt said the figure rose 28.1% from about $23.2 billion a year earlier. The seven-month increase added roughly $6.5 billion compared with the same period of 2025. The data cover funds sent home by Egyptians employed overseas. The January-to-July gain followed the record level reported for calendar 2025.
China left its benchmark lending rates unchanged in September, extending a period of stable borrowing costs. The one-year loan prime rate remained at 3.0%, while the over-five-year rate stayed at 3.5%. Banks commonly use the longer-term benchmark when pricing mortgages. The September fixing kept both rates at the same levels seen in August. The figures remain central to loan pricing across China’s banking system.
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of higher sovereign yields and restrictive monetary policy. Higher interest rates have increased the opportunity cost of holding physical bullion, prompting institutional portfolios to reallocate capital into fixed-income assets.
Technology
Apple has unveiled the iPhone Duo, its first foldable iPhone, with sales set to begin October 23. The new model opens to a 7.6-inch inner screen and carries a 5.4-inch outer display. Apple says the larger panel offers the biggest screen yet on an iPhone. U.S. prices start at $1,999 for 256GB of storage. Preorders begin October 16 across more than 70 countries and regions.
The iPhone 18 Pro camera system adds four selectable aperture settings to control lighting and depth of field. Its main camera supports apertures of f/1.48, f/1.8, f/2.8 and f/4.0. The system also includes 48-megapixel Ultra Wide and Telephoto cameras. New Pro controls allow adjustments to aperture, shutter speed and white balance inside the Camera app. Users can also view a histogram while composing photos or videos.
The United States is expanding domestic battery production as it works to reduce dependence on China. The larger challenge sits deeper in the supply chain. China still dominates battery materials, processing and key manufacturing technologies used worldwide. U.S. factories have added capacity, but many depend on imported components and refined minerals. That gap has placed graphite, cathodes, anodes and lithium iron phosphate materials at the center of Washington’s battery push.
The iPhone Duo uses Super Retina XDR displays on both sides, with ProMotion and Always-On support. Apple rates peak outdoor brightness at 3,000 nits for both screens. A nano-texture finish on the inner panel reduces glare and makes the fold crease less visible, according to Apple. Grade 5 titanium forms the enclosure, while the precision hinge uses more than 100 components. Apple also gives the iPhone Duo an IP68 rating for water and dust resistance. Apple designed iOS 27.1 to work across the phone’s open and closed configurations. Split View lets users run two apps side by side, a first for the iPhone. Users can also open two windows of the same app and save app pairs for later use. The inner screen can show two Home Screen pages and a vertically scrolling Today View. Touch ID sits in the side button and works whether the device is open or folded.
Sports
The shortlist includes players from leading clubs across Europe and other major competitions. Paris Saint-Germain has one of the strongest contingents in the men’s field. Its nominees include Dembélé, Hakimi, Marquinhos, Nuno Mendes, João Neves, Fabián Ruiz, Vitinha and Khvicha Kvaratskhelia. Bruno Fernandes, Declan Rice, Michael Olise, Lautaro Martínez and Sadio Mané also earned places. France Football administers the Ballon d’Or and applies a season-based assessment period to each edition.
Messi said he reached the decision after extensive consideration following Argentina’s 2026 World Cup final against Spain. He wrote his retirement message on July 21, two days after the final in New Jersey. Messi later said the death of his father, Jorge Messi, in August reinforced his decision to publish the message. He described leaving the national team as painful while stressing the pride he felt representing Argentina. Messi also thanked teammates, coaches, family members and supporters who accompanied him throughout his international career.
ARLINGTON, TEXAS / MENA Newswire / – Spain reached the FIFA World…
EAST RUTHERFORD, NEW JERSEY / MENA Newswire / – Norway reached the…