South Korean Export Growth Picks Up on Robust Tech Demand
South Korea’s export growth accelerated last month, reflecting resilience in global demand as the artificial intelligence and technology sectors drive record gains in semiconductor sales.
South Korea’s export growth accelerated last month, reflecting resilience in global demand as the artificial intelligence and technology sectors drive record gains in semiconductor sales.
The downturn in China’s residential real estate sector slowed further in June, following the government’s efforts to put a floor under the housing market in some of its biggest cities.
The Chinese Communist Party’s top ranks gather this month for one of the country’s biggest annual policy meetings, with everything from chip technology to land reform and a revamp to the nation’s biggest tax source possibly on the cards. What isn’t expected is the kind of major policy pivot that’s often been seen in the past.
A fire at Anglo American Plc’s biggest mettalurgical coal project in Australia has halted production, with the miner saying it may take several months for the blaze to be extinguished.
Oil was little changed as traders gauged China’s economic outlook and geopolitical risks in Europe and the Middle East.
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