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EV Shipments: South Korean exports of environment friendly vehicles fell for the first time in the first quarter after reporting on-year increases in the past 12 quarters, an industry association said on Wednesday. ....
(Bloomberg) South Korea’s exports continued to grow last month on the back of strong demand for semiconductors and other technology devices, supporting confidence among policymakers that the economy will see a solid first quarter.Most Read from BloombergErdogan Suffers Defeat in Turkey’s Municipal ElectionsUS Oil Suppliers Muscling Into OPEC+ Markets All Over the WorldChina Factory Activity Expands for First Time in Six MonthsAT&T Says Data From 73 Million Accounts Leaked on Dark WebBillions ....
BEIJING(Reuters) -China's exports grew for the first time in six months in November, suggesting factories in the world's second-largest economy are attracting buyers through discount pricing to get over a prolonged slump in demand. "The improvement in exports is broadly in line with market expectations. sequential growth in China's exports in the past few months has strengthened," said Zhiwei Zhang, chief economist at Pinpoint Asset Management. "There are green shoots in other Asian countries' export data as well in recent months." ....
Semiconductors: The increase is a positive indication that world trade is starting to regain strength after a global slowdown. South Korea releases its data earlier than many economies and due to its key position in global supply chains and the tech sector, its export figures are watched closely to get an early take on the trajectory of world trade. ....