The report also showed that shipments of semiconductors slowed, increasing just 8.9% in May from a year earlier, according to Statistics Korea, for the first single-digit rise since October 2019. Production gains also decelerated to 24.3% for the slowest growth since February 2021.
Semiconductors are the biggest single driver of South Korea’s economy. Shares of its chipmakers from Samsung Electronics to SK Hynix have been on the decline in the past year amid questions about future demand and global central bank policy tightening that has put pressure onStill, overall industrial production showed a recovery from April’s fall as the impact of lockdowns in China eased. Factory output rose 7.3% in May from a year earlier, beating a 4% forecast by economists.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Business Maverick: Crypto crash threatens North Korea’s stolen funds as it ramps up weapons testsAlthough cryptocurrencies are estimated to be only a small portion of North Korea's finances, Eric Penton-Voak, a coordinator of the United Nations panel of experts that monitors sanctions, said at an event in April in Washington, DC, that cyberattacks have become “absolutely fundamental” to Pyongyang's ability to evade sanctions and raise money for its nuclear and missile programmes. relax dont piss your pants , crypto's go up again eventually. Walk there greedy and see arse first !
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Kganyago Says Half-Point South Africa Rate Hike Possible in JulyTraders tempered expectations for the largest South African increase in borrowing costs in almost two decades after the head of the nation’s central bank said it may consider raising interest rates by only half a percentage point in July.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
BusinessTech – South Africa’s leading business publicationBusinessTech is the largest and most influential business publication in South Africa.
La source: BusinessTechSA - 🏆 24. / 61 Lire la suite »