South Korean exports snapped a 14-month losing streak in February thanks to more...
SEOUL - South Korean exports snapped a 14-month losing streak in February thanks to more working days this year compared to last, although evidence of disruptions from the coronavirus were reflected outside the headline figures.
Overall shipments in February rose 4.5% year-on-year, trade ministry data showed on Sunday, beating a median forecast of a 3.4% rise, given 3.5 more working days from a year earlier. This compares with a 6.3% decline in January due to the Lunar New Year, a holiday which fell in February last year. This follows data on Saturday that showed factory activity in China contracted at its fastest ever in February, even worse than during the global financial crisis of 2008.
But a rise in chip demand and prices, and increased sales to other countries including the United States, were expected to partially negate impact from the coronavirus.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
South Korea coronavirus cases surge to 2,337; BTS cancel gigsSouth Korea reported 571 new coronavirus cases on Friday, taking its total numbe...
Leer más »
BREAKING: South Korea confirms 571 more cases of coronavirusSouth Korea has confirmed an additional 571 cases of the novel coronavirus, bringing the national total to 2,337 cases -- the largest outbreak outside of mainland China.
Leer más »
BTS cancels South Korea concert dates due to coronavirusK-pop superstars BTS cancel series of concert dates over outbreak of novel coronavirus in South Korea.
Leer más »
Apple closely watching coronavirus outbreak in South Korea, Italy: CookApple Inc is closely watching how the coronavirus outbreak is unfolding in South...
Leer más »