SEOUL (REUTERS) - South Korean exports contracted by a smaller percentage in the first 20 days of August than in July, boosting hopes for a trade-led recovery even as threats loom from a resurgence of the Covid-19 pandemic in the capital Seoul.. Read more at straitstimes.com.
SEOUL - South Korean exports contracted by a smaller percentage in the first 20 days of August than in July, boosting hopes for a trade-led recovery even as threats loom from a resurgence of the Covid-19 pandemic in the capital Seoul.
Friday's data indicates South Korean exports are set to fall for a sixth month in August but at a slower pace, a further sign that Asia's fourth-largest economy may bottom out despite threats from a resurgence of the novel coronavirus. By item, exports of semiconductors increased 2.9 per cent in the first 20 days of August, while that for petrochemical products and cars dropped by 39.0 per cent and 10.1 per cent, respectively.
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