The Magazine for Asian Investors
South Korea’s Ministry of Trade, Industry and Energy said today that South Korean exports of information and communications technology (ICT) products rose 16.9% year on year to $19.94 billion in April. The rise in ICT exports in April was the…
According to the Korean Statistics Agency, the consumer price index (CPI) in South Korea rose by 4.8% year-on-year in April. The increase continued after a 4.1% rise in March and the highest level in more than 13 years. Core inflation…
South Korea’s Ministry of Trade for Industry and Energy said today that South Korean exports recorded their slowest growth in 14 months in April, following a decline in exports to China. In addition, rising energy and commodity prices have increased…
The Bank of Korea (BOK) said today that consumer confidence in South Korea recovered in April, supported by the government’s easing of social distancing measures. According to the BOK, the Consumer Confidence Index (CCSI) was 103.8 in April, up 0.6…
The South Korean central bank announced today that South Korea’s gross domestic product (GDP) grew by only 0.7% quarter-on-quarter in the first quarter of 2022. This slowed from the 1.2% growth in Q4/21 as consumption and investment continued to be…
The South Korean Customs Service (KCS) said today that South Korea’s imports rose faster than exports in the first 20 days of April. With oil prices rising, there is a possibility that South Korea will post a trade deficit in…
The Bank of Korea (BOK) today raised its interest rate to 1.5% from 1.25% previously. Analysts had expected the BOK to leave its rates at 1.25%. Rising inflationary pressures are weighing on South Korea after global oil and commodity prices…
Asia is in the fast lane when it comes to building nuclear power plants. On no other continent in the world are so many nuclear power plants currently being built as in Asia. China is the main place with 19…
South Korea’s National Bureau of Statistics said today that the consumer price index (CPI) for March 2022 rose more than 3% for the sixth consecutive month since October last year. The CPI rose 4.1% in March from a year earlier…
Since the invasion of Ukraine, Russia has come under negative scrutiny. It has come in for harsh criticism from many sides, and even supposed allies do not want to back Russia in the Ukraine war. Several sanctions have now been…
