Refinitiv Newscasts - Asia Insight: South Korean exports fall for 11th month, but milder pace of decline raises outlook hope

LG Chem

01/09/2023 10:29

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Source: Reuters

Description: South Korea's manufacturing and retails sales disappoint, but
whilst exports fall for an 11th month, a milder pace of decline raises outlook
hopes. Across Asia shares have edged higher as China stepped up efforts to
support its housing sector and stabilise the yuan, though investors remained
cautious ahead of U.S. nonfarm payrolls data that could make or break the case
for further rate hikes.
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