Saudi Arabia has postponed its annual Future Investment Initiative conference to 2027 after Iran-backed Houthi forces escalated attacks on the kingdom. The Houthis have launched repeated missile and drone strikes on Saudi territory since a deadly airport attack earlier this month.
Houthi forces attacked a government security training camp in Yemen's Shabwa province on Monday, killing at least 53 people and wounding roughly 200, local authorities said. The strike is among the deadliest in weeks of intensifying fighting between the Iran-aligned group and the internationally recognized, Saudi-backed government.
Workers at New Zealand's state-owned Kiwibank have gone on strike over the bank's latest pay offer. The workers' union says the 2.25 percent offer does not add up and that the bank can easily afford to improve it.
New Zealand's free trade agreement with India has officially taken effect, Trade and Investment Minister Todd McClay said. The deal makes 57 percent of New Zealand's exports to India tariff-free, including sheep meat, wool, coal and forestry products.
A UK High Court judge has ordered a worldwide freeze on VietJet's assets after London investment firm FitzWalter argued the Vietnamese airline could try to hide or spend them amid an ongoing dispute. The ruling prevents VietJet from moving assets beyond the court's reach while the underlying case proceeds. The airline has not publicly detailed its response to the order.
Taiwan's coastguard said it warded off 16 mainland Chinese vessels in a single day after they entered the island's self-declared restricted waters near Hualien, Pingtung, Kaohsiung and the Dongsha Islands. The coordinated, multi-pronged operation involved twelve coastguard and research ships alongside four fishing boats operating simultaneously. Analysts said the scale and coordination point to a shift in Beijing's maritime pressure tactics toward Taiwan.
Investment bank Renaissance Capital raised its valuation of Nigeria's Dangote Refinery by 33.4% to ₦700 per share, citing strong earnings over the first nine months of 2026. The upward revision, issued in a statement on Sunday, signals growing investor confidence in Africa's largest oil refinery as it ramps up production.
At least 84 people were killed in Sudan on Monday after a drone strike hit a market in the southern West Kordofan state and a separate attack struck the capital Khartoum. A medical source and a witness said roughly 80 died in the West Kordofan strike, one of the deadliest single attacks since Sudan's war began in 2023, while the Khartoum attack killed four people, including three children.
The Visegrad Four — Poland, the Czech Republic, Slovakia and Hungary — have asked Brussels for more funding and flexibility as the EU's 2027 phase-out of Russian energy imports approaches. The bloc warned that high electricity prices across Europe are already straining the transition.
French President Emmanuel Macron is growing increasingly isolated after a weekend of violent protests and looting swept across France, reigniting questions over his authority. Criticism from allies and opposition figures alike has deepened the uncertainty around his remaining term.
Brazil's currency strengthened to about 5.05 per US dollar on 19 October as two separate runoff polls pointed to a tight race between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro. Economists trimmed their year-end forecasts for the real as investors weighed the outcome of the 25 October vote. The currency move highlights how closely markets are tracking Brazil's presidential runoff.
A surge of Chinese electric-vehicle and renewable-energy exports is reshaping trade patterns across Latin America. Governments in the region face a choice between importing cheaper Chinese clean technology and shielding domestic manufacturers with tariffs or local-content rules. The dilemma echoes similar trade tensions already under way in Europe and North America.
Roughly four in 10 US homebuilders are cutting prices to revive buyer interest, new data show, as traffic through model homes has fallen to its lowest level in 14 years. Builders are making the cuts even as they face rising construction costs.
Investors are paying sharply more to insure against an Oracle bond default, a sign of growing unease over the debt the company has taken on to fund artificial-intelligence data centers. Several Wall Street analysts say credit markets, not stock prices, are becoming the clearest stress gauge for the AI buildout.
Bangladesh's government says it was not informed in advance of the execution of two of its citizens in Saudi Arabia. Saudi authorities said last week they had executed the two Bangladeshi nationals over what they described as an "indecent act" committed in a mosque.
The UN's World Food Programme says funding shortages are forcing it to scale back its aid operation in Gaza. The agency says the number of people it reaches will fall by about a third, from 1.6 million to 1.1 million.
New Zealand's economic recovery is progressing slowly, with employment and retail spending both still contracting, according to Bank of New Zealand senior economist commentary. The bank linked the weak results to ongoing pressure on household incomes across the country.
Independent Australian MP Helen Haines was critically injured in a violent attack near her electorate office in Wangaratta, Victoria. Police took a man into custody, and Prime Minister Anthony Albanese said counter-terrorism officers are assisting with the investigation.
Indonesia's benchmark stock index fell more than 5% in early trading on October 19, extending a sell-off that saw it plunge 11.6% three days earlier. The slide, which pushed the index to a six-year low, was driven by investor concern that MSCI could downgrade or remove Indonesia from its emerging-market index.
China's economy grew 4.5% year-on-year in the third quarter, up from 4.3% in the second quarter and above the 4.4% consensus forecast, the National Bureau of Statistics reported. Strong demand for Chinese hi-tech exports helped offset weak domestic spending and kept the country on track toward its 2026 growth target.