South Korea’s foreign exchange reserves rose by a record monthly amount in August, reaching $442.28 billion at month-end. The Bank of Korea reported an increase of $14.33 billion from $427.95 billion at the end of July. The gain was the largest since official reserve records began in 1971. It also lifted the country’s holdings to their highest level since May 2022, marking a sharp acceleration from the smaller increases recorded during the previous two months.
India Achieves 7.8% Growth in First Quarter, Marking a Significant Economic Milestone Praised by Modi. India opened FY27 with 7.8% GDP growth backed by gains across major economic sectors. During the first quarter, India’s real gross domestic product reached ₹81.36 lakh crore, according to the Ministry of Statistics and Programme Implementation. This compared to ₹75.46 lakh crore in the same period last year. Nominal GDP experienced a 10.3% rise to ₹88.27 lakh crore from ₹80 lakh crore. Manufacturing experienced a 9.2% growth from a year earlier, making it one of the key drivers of quarterly expansion.
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Petroleum prices increased by 14.2% from August 2025, adding further pressure on household transportation expenses. Diesel costs surged by 19.6%, while gasoline prices saw an 11.5% rise. These petroleum products contributed 0.54 percentage points to the overall inflation rate. Transportation prices as a whole increased by 7.2% year-over-year. The government indicated that nationwide fuel price caps reduced August’s inflation rate by approximately 0.3 percentage points, partly counteracting the effect of rising energy costs.
Health
Health teams in Congo continue Ebola testing, contact tracing and treatment. In the region of Bundibugyo, the Ebola outbreak has become the largest and most lethal in Congo’s history, ranking as the second-largest Ebola epidemic globally after the 2014-2016 West Africa outbreak. Ituri province continues to be the primary epicenter, accounting for approximately 85% of confirmed cases and 88% of reported deaths, thus representing the most severely affected area during this health crisis. According to WHO Director-General Tedros Adhanom Ghebreyesus, health teams have yet to trace every transmission pathway. Many recent fatalities involved individuals who did not appear on known contact lists. The persistence of community deaths and unsafe burials further hampers containment efforts. The Africa CDC reported that over 60% of deaths in the past week occurred in community settings rather than health facilities. Response efforts are being scaled up by health authorities Across affected zones, the World Health Organization has increased laboratory testing, treatment capacity, and operational deployment. Over 330 tonnes of emergency supplies have been delivered by WHO, along with more than 300 experts dispatched to support response initiatives. Currently, there are 24 laboratories closer to impacted communities—compared to only one national reference lab at the start of the response. Daily testing capacity has now reached roughly 3,000 tests, while treatment and isolation beds across 49 facilities total more than 1,300. The Bundibugyo virus currently has no approved vaccine
Health authorities in the Democratic Republic of the Congo began administering Ebola vaccinations in Kisangani on Thursday, launching a targeted campaign in the capital of Tshopo Province to protect frontline responders. The initiative prioritizes healthcare workers, emergency response teams, and individuals with direct contact with confirmed patients as the country confronts its deadliest recorded Ebola outbreak.
This initiative involves open-platform testing kits that laboratories can integrate with their current systems. The procurement process received support from the European Health and Digital Executive Agency. Shipments are scheduled to commence in August, as health teams respond to a significant outbreak centered in the Democratic Republic of the Congo and impacting neighboring regions. PCR testing support strengthens the international response to Ebola in DR Congo. By August, the World Health Organization will facilitate the distribution of these tests through its Hub for Global Health Emergencies Logistics located in Dubai. WHO will oversee the distribution to various sites involved in the Ebola response. PCR testing enables laboratories to verify infections and enhance surveillance efforts around known cases. Confirmed test results inform patient treatment, isolation procedures, and contact tracing efforts. This latest supply package expands laboratory capabilities at a critical time when authorities continue to track the virus’s transmission across multiple provinces and health zones in the Democratic Republic of the Congo.
As the Ebola crisis expands, the Democratic Republic of the Congo has obtained an allocation of 70,000 Ebola vaccine doses. The country’s health authorities reported 5,208 confirmed cases and 2,476 deaths by Aug. 18. Currently, the epidemic affects 56 health zones across six provinces. Additionally, 1,115 recoveries have been documented, while 730 patients remain hospitalized or isolated as response teams continue their efforts in eastern and northeastern regions of DR Congo.
Travel
South Korea welcomed 2,093,223 foreign visitors in July 2026, extending a strong recovery in international tourism. The monthly total increased 20.8% from 1,733,199 arrivals recorded in July 2025. It also stood 44.6% above the level reached in July 2019, before the pandemic disrupted global travel. The Korea Tourism Organization reported the latest monthly tourism figures on August 25.
Air Arabia is set to commence direct flights between Sharjah and Gdansk on Dec. 14, 2026, marking the introduction of a new route linking the UAE with northern Poland. The airline will operate five weekly flights between Sharjah International Airport and Gdansk Lech Walesa Airport. Flights will operate on Mondays, Wednesdays, Fridays, Saturdays, and Sundays. This route offers residents of Poland’s Pomeranian region a direct air connection to Sharjah.
Etihad Airways will open a seasonal nonstop route between Abu Dhabi and Gothenburg on December 17, 2026. The service will run four times each week until March 21, 2027. Flights will connect Zayed International Airport with Göteborg Landvetter Airport during the winter travel season. The new service adds a direct link between the UAE capital and Sweden’s second largest city. Tickets are already available through the airline’s booking channels.
Sports
Spain sent Portugal out of the FIFA World Cup with a late 1-0 win, ending Ronaldo’s sixth tournament and long pursuit of the title.
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South Korea’s foreign exchange reserves rose by a record monthly amount in August, reaching $442.28 billion at month-end. The Bank of Korea reported an increase of $14.33 billion from $427.95 billion at the end of July. The gain was the largest since official reserve records began in 1971. It also lifted the country’s holdings to their highest level since May 2022, marking a sharp acceleration from the smaller increases recorded during the previous two months.
Health teams in Congo continue Ebola testing, contact tracing and treatment. In the region of Bundibugyo, the Ebola outbreak has become the largest and most lethal in Congo’s history, ranking as the second-largest Ebola epidemic globally after the 2014-2016 West Africa outbreak. Ituri province continues to be the primary epicenter, accounting for approximately 85% of confirmed cases and 88% of reported deaths, thus representing the most severely affected area during this health crisis. According to WHO Director-General Tedros Adhanom Ghebreyesus, health teams have yet to trace every transmission pathway. Many recent fatalities involved individuals who did not appear on known contact lists. The persistence of community deaths and unsafe burials further hampers containment efforts. The Africa CDC reported that over 60% of deaths in the past week occurred in community settings rather than health facilities. Response efforts are being scaled up by health authorities Across affected zones, the World Health Organization has increased laboratory testing, treatment capacity, and operational deployment. Over 330 tonnes of emergency supplies have been delivered by WHO, along with more than 300 experts dispatched to support response initiatives. Currently, there are 24 laboratories closer to impacted communities—compared to only one national reference lab at the start of the response. Daily testing capacity has now reached roughly 3,000 tests, while treatment and isolation beds across 49 facilities total more than 1,300. The Bundibugyo virus currently has no approved vaccine
The Houbara Breeders Support Initiative is designed to assist existing breeding projects and those planning to develop new facilities. It provides expert training, technical support, and access to established breeding expertise. The program also establishes guidelines relating to animal welfare, biosecurity, and responsible management of breeding sites. Emirati houbara breeders gain structured training and technical guidance through IFHC. Applicants are required to undergo an assessment before receiving final approval. Breeders meeting the criteria may also be granted access to breeding birds through a right-to-use agreement after completing the necessary assessments and training.
Japan is expanding its response to investment fraud by using artificial intelligence to detect warning signs in consumer complaints. The Consumer Affairs Agency announced the initiative on September 1 as part of a wider anti-fraud package. The system will analyze complaint language, solicitation patterns and similarities with past cases. Officials aim to identify signs of harmful schemes and troubled businesses earlier through data already collected from consumers across the country.
South Korea Experiences First 3.1% Consumer Price Increase Driven by Fuel and Telecom Expenses
Petroleum prices increased by 14.2% from August 2025, adding further pressure on household transportation expenses. Diesel costs surged by 19.6%, while gasoline prices saw an 11.5% rise. These petroleum products contributed 0.54 percentage points to the overall inflation rate. Transportation prices as a whole increased by 7.2% year-over-year. The government indicated that nationwide fuel price caps reduced August’s inflation rate by approximately 0.3 percentage points, partly counteracting the effect of rising energy costs.
Lifestyle
Fresha, a leading global booking platform for lifestyle services, announced today that it has secured…

