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
Robots are coming increasingly under the scanner not just at the government level but also in social circles. They are believed to be able to perform a range of tasks, from doing domestic chores to taking care of the elderly and even conducting a human orchestra! In the
German business morale rose unexpectedly in February, a survey showed on Monday, easing recession fears in Europe’s largest economy and reflecting a slight improvement in its manufacturing sector, which has been struggling with falling exports.
Gold prices climbed more than 2 per cent on Monday to their highest since February 2013, as spikes in coronavirus cases in several countries outside China deepened worries about a hit to the global economic growth, prompting a flight to safe havens.