South Korea's factory activity shrank in August but at a slower pace than i...
SEOUL - South Korea’s factory activity shrank in August but at a slower pace than in July, a private sector survey showed on Monday, as global trade frictions and an escalating diplomatic dispute with Japan hit demand for the country’s products.
The sub-index for new export orders rose to 48.6 from 45.5 in July, the slowest decline seen since April, but the 13th straight month of contraction. Survey respondents reported cooling demand from Germany, China, Japan and parts of Southeast Asia. “While the pick-up in the headline index suggests that pressures on South Korean manufacturers have abated to an extent, underlying data still portray a deeply challenging environment,” said Joe Hayes, economist at IHS Markit, which compiles the survey.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
South Korea August exports tumble for ninth month as world economy coolsSouth Korea's exports tumbled in August for a ninth consecutive month, on s...
Lire la suite »
South Korea 2019 growth likely to miss lowered target: finance ministrySouth Korea's economic growth this year looks likely to miss the government...
Lire la suite »
South Korea central bank frees more cheap funds for smaller firmsSouth Korea's central bank said on Sunday it would make up to 5 trillion wo...
Lire la suite »
North Korea denies it amassed $2 billion through cyberattacks on banksNorth Korea denied on Sunday allegations that it had obtained $2 billion through...
Lire la suite »
North Korea says Pompeo's remarks make talks with U.S. more difficultA recent remark by U.S. Secretary of State Mike Pompeo about 'North Korea&...
Lire la suite »
North Korea berates Pompeo, says hopes for talks fadingA senior North Korean diplomat on Saturday berated Secretary of State Mike Pompeo over his comments describing North Korean behavior as “rogue” and warned that Pyongyang’s hopes for talks with Washington are fading.
Lire la suite »