Traders at a foreign exchange dealing room of a bank in Seoul, South Korea. Associated Press
South Korea’s exports in May fell more than expected and for a sixth consecutive month from a year earlier, official data showed on Saturday, as expanding trade friction between the major economies darkened the prospects.
South Korea’s president said on Wednesday Japan’s export curbs on key materials used by South Korean technology firms could be prolonged and Seoul will help companies reduce their reliance on Japanese suppliers.
South Korea’s President Moon Jae-in has urged Japan to withdraw export controls on high-tech materials bound for South Korea, he said on Monday, calling the restriction a bid to limit bilateral
As key players in Dubai’s travel and hospitality sectors accelerate efforts to revitalise the tourism industry, several top attractions have opened their doors again to provide diverse experiences to UAE residents and tourists,
Global stocks were mixed on Tuesday ahead of a deadline to agree a pre-election US stimulus package, dealers said. In Europe, London and Paris stocks were higher in afternoon trades but Frankfurt lapsed into the red after an uninspiring performance in Asia.
The UAE has been ranked among the top three global commodity trading hubs, according to Dubai Multi Commodities Centre’s (DMCC), latest Future of Trade 2020 report.