U.S. appeals WTO decision in South Korea trade dispute

© Reuters. A logo is pictured on the WTO in Geneva GENEVA (Reuters) – The United States has appealed against a World Trade Organization panel decision which recommended in January that Washington revise a series of duties imposed in the Obama era on South Korea, a Geneva-based trade official said on Friday. Since the WTO […]

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South Korea 1st 10 days of October, exports per working day up 2.8% y/y

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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South Korea 1st 20 days of September exports +3.6% y/y

With imports during the same period -6.8% y/y Exports per working day (this helps to account for differing numbers of weekend days in the years being compared) are -9.8% y/y exports to China +8.7% y/y semiconductor exports +25.3% y/y  For bank trade ideas, check out eFX Plus Let’s block ads! (Why?) Forexlive RSS Breaking news […]

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South Korea ready to boost policy support should virus outbreak worsen: vice finance minister

SEOUL (Reuters) – South Korea is ready to boost policy support to aid the economy hammered by the coronavirus should the rate of infection worsen significantly, its vice finance minister said on Tuesday. “(Some) downturns are inevitable in the real economy due to the tightened preventive measures,” Kim Yong-beam said at a policy meeting, adding […]

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Pandemic pushes South Korea into recession as GDP contracts 3.3% in Q2

© Reuters. FILE PHOTO: A woman wearing a mask looks at her mobile phone amid social distancing measures to avoid the spread of the coronavirus disease (COVID-19), in Myeongdong shopping district in Seoul SEOUL (Reuters) – South Korea’s economy recorded its first technical recession since 2003 in the June quarter, as health restrictions from the […]

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South Korea first 20 days of July exports down 12.8% y/y

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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North Korea says it supports China against US aggression

North Korean Ambassador to China Ji Jae-ryong voiced full support and solidarity with the Chinese people and the Communist Party of China  and their resistance to US interference in China’s internal matters, such as Hong Kong affairs, to safeguard the country’s national sovereignty and territorial integrity.  Global Times carries the story of the NK support […]

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North and South Korea – shots fired between the two in the Demilitarised Zone

South Korea’s military report the North has fired gunshots hitting a South Korean guard post in the central border area of Cheorwon. The South Koreans said they broadcast a warning message and returned fire with two shots in response No injuries have been reported Efforts have been made to contact the North to find a […]

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