SL Security Certificate - 256 Bit With Strong Encryption
Tradiva.com gives a 30% bonus on your first deposit. This means that when you open an account with $5,000 dollars, we will add to your account another $1,500 dollars.
Time-limited offer.
SL Security Certificate - 256 Bit With Strong Encryption
South Korea’s factory output in December higher than estimated as a large chip production boosted industrial activity. However, analysts warn of the impact of the Coronavirus outbreak on demand in January.
Industrial output climbed 3.5% in December compared to a month earlier, its quickest gain since November 2016.
Recent economic indicators such as the trade data in December showed signs of recovery in South Korea. Production increased by 4.2% compared to a year earlier, the fastest gain since October 2018.
Memory chips output climbed 33.8%. Production for machine and transportation equipment jumped 15.7% and 9.4%, respectively.
December facility investment rose 10.9% compared to the previous month and gained 11.1% year-on-year due to higher demands.
“Today’s bullish data was mainly helped by improvement in facility investment as global uncertainties eased on the ‘Phase 1’ trade deal between the United States and China, as well as the policy mix of the government’s expansionary fiscal policy and the Bank of Korea’s easing monetary policy,” said Ha Keon-hyeong, economist at Shinhan Investment Corp.
In 2019, industrial output decreased by 0.7%, the lowest since the 6.4% drop in 1998. The average rate of factory operation was 72.9%, the worst since the Asian financial crisis.
“Due to the economic slowdown last year, restructuring in firms and decreased productivity pulled down the average operation rate,” an official from Statistics Korea said.
Economists worry that the spreading virus from China could greatly impact South Korea’s fragile economy.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
South Korea on Wednesday announced that it would scale back its plans to impose capital gains taxes on stock investments after numerous complaints from retail investors. However, taxes will, instead increase for top earners as part of changes ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
KYC Policy