South Korea’s business sentiment index edged up in February, driven by a recovery in the service sector, with the Economic Sentiment Index hitting its highest level since September 2022, according to Bank of Korea data.
#YonhapInfomax
#BusinessSentiment #BankOfKorea #CBSI #ServiceSector #EconomicSentimentIndex
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106593
South Korea's KDI reports export volume growth is moderating, with non-semiconductor sectors remaining weak, while surging chip prices drive export value higher amid rising external uncertainties.
#YonhapInfomax #KDI #SemiconductorPrices #ExportGrowth #ServiceSector #ConsumerSentimentIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104523
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END tipping, see the study above!
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Is it time to ban tipping in Canada and enact a living wage?

While tipping boosts workers’ overall pay when compared to a minimum wage floor, a growing body of research highlights its negative aspects.

BC Policy Solutions
South Korea’s real estate lending fell for a third straight quarter—the first such streak since 2008—as banks tightened credit amid a sluggish property market, while service sector loans surged and construction lending continued to contract.
#YonhapInfomax #RealEstateLending #BankOfKorea #NonPerformingLoans #ServiceSector #ConstructionLoans #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94149
Real Estate Lending Falls for Third Consecutive Quarter—First Time Since Data Compilation Began

South Korea’s real estate lending fell for a third straight quarter—the first such streak since 2008—as banks tightened credit amid a sluggish property market, while service sector loans surged and construction lending continued to contract.

Yonhap Infomax
1 Torsten Slok, chief economist for Apollo Global Management: “ #ISM #Services #Prices Paid for July shows that #inflation pressures in the #servicesector are intensifying, pointing to upside risks to #CPI inflation over the coming months” 🧵 #stagflation
The Bank of Korea reports a post-pandemic slowdown in South Korea’s service sector productivity, urging export expansion through manufacturing-service convergence and regulatory reform.
#YonhapInfomax #BankOfKorea #ServiceSector #Productivity #ExportExpansion #ManufacturingConvergence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70585
Bank of Korea Says Service Sector Productivity Slows Post-Pandemic—Calls for Broader Export Expansion

The Bank of Korea reports a post-pandemic slowdown in South Korea’s service sector productivity, urging export expansion through manufacturing-service convergence and regulatory reform.

Yonhap Infomax

Quibble with the numbers if you want, but orders of magnitude are most likely correct:

"According to NAFSA: Association of International Educators, these 1.1 million international students at U.S. colleges and universities contributed $43.8 billion to the U.S. economy during the 2023-2024 academic year and supported more than 378,000 jobs."
https://www.npr.org/2025/05/24/nx-s1-5409082/international-students-numbers-harvard-yale-columbia
#Harvard #HigherEd #HigherEducation #USpol #USpolitics #exports #ServiceSector #services #economy #economics

Orange Menace has no concept of service sector exports. Higher ed is a big service export from the U.S. — we educate and provide the diplomas, others (so many from abroad) provide the cash (lots!) 🙄

Oh well, never mind. Now stand in line and apply for that manufacturing job to make buggy whips! 🙃
https://www.nytimes.com/2025/05/22/us/harvard-international-students-trump.html?unlocked_article_code=1.JU8.Bq1G.PFjQpxod7_nB&smid=url-share
#Harvard #HigherEd #HigherEducation #USpol #USpolitics #exports #ServiceSector #services #economy #economics

Shock at Harvard After Government Says International Students Must Go

Fear and confusion mounted quickly on Thursday as international students, who make up more than a quarter of the university’s enrollment, sought clarity or reassurance.

The New York Times
US economy shows expansion in both service and manufacturing sectors in May, with PMIs exceeding expectations, while tariff effects increase price pressures and employment declines.
#YonhapInfomax #USEconomy #PMI #ServiceSector #ManufacturingSector #TariffEffects #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64439
US Service and Manufacturing Sectors Expand in May, Exceeding Expectations (Update)

US economy shows expansion in both service and manufacturing sectors in May, with PMIs exceeding expectations, while tariff effects increase price pressures and employment declines.

Yonhap Infomax
South Korean export industries face declining employment impact amid U.S. tariff concerns, prompting calls for industrial restructuring and service sector focus
#YonhapInfomax #ExportIndustries #EmploymentImpact #ReciprocalTariffs #IndustrialRestructuring #ServiceSector #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56515
Export Sector Employment Impact Declining... A Silver Lining Amid Looming Reciprocal Tariffs?

South Korean export industries face declining employment impact amid U.S. tariff concerns, prompting calls for industrial restructuring and service sector focus

Yonhap Infomax