POSCO Launches Dedicated Teams for 'Eight Core Strategic Products' to Secure Future Steel Growth
POSCO has launched dedicated project teams for eight core strategic steel products, aiming to boost future competitiveness and lead high value-added markets amid global trade challenges.
South Korean Business Sentiment Falls for Second Month on US Tariff Concerns
South Korea's business sentiment index fell for a second month in August, as major firms grew more pessimistic amid US tariff threats and weakening exports, with manufacturing outlooks especially subdued.
Treasury Bond Futures Open Mixed as Domestic and International Factors Intertwine
Treasury bond futures open mixed with 3-year contract slightly higher and 10-year contract lower, as markets digest U.S. credit rating concerns and monitor global economic factors.
Trade Minister Jung - 'Exports to US and China Expected to Decline in May'
South Korean Trade Minister warns of potential export decline to US and China in May, citing impact of US tariff measures and ongoing negotiations for mutually beneficial solutions.
Japan's Q1 Real GDP Turns to Negative Growth - Annualized 0.7% Decline (Update)
Japan's Q1 GDP contracts 0.2% quarter-on-quarter, with annualized 0.7% decline, surpassing market expectations amid weak exports and stagnant consumption
All Sectors Except Electronics and Food Industries See Q1 Export Decline Due to US Tariff Impact
South Korean Q1 exports decline 2.1% amid US tariff impacts, with electronics and food industries as sole growth sectors, reflecting broader economic challenges.
KDI - 'Indicators Suggest Economic Slowdown' - Warns of 'Expanding Downward Pressure' for 5th Consecutive Month
KDI warns of economic slowdown indicators and expanding downward pressure for 5th month, citing worsening external conditions and sluggish exports
South Korean exports to the U.S. plunge 30% in early May, highlighting the impact of Trump's tariff policies, particularly on the automotive sector, amid broader export declines across major markets.
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