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
The Central government had Rs402 crore outstanding loans with the RBI in the week ended Oct.11, according to a weekly statistical supplement of Reserve Bank of India (RBI).
Alitalia’s rescue hopes received a boost with signs that Lufthansa could take a stake in the Italian carrier, while Rome agreed to a 350 million euro ($389 million) bridging loan to ease immediate cash worries.
Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower) and a leading company in the integrated coordination of planning,
Russia, the world’s No. 2 oil producer, has become an unintended beneficiary of US sanctions after an embargo on Chinese ships drove up tanker freight rates, spurring record premiums for Russian crude that takes just days to arrive in North Asia.