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Colombia's central bank unexpectedly cut interest rates by 25 basis points to 9.25%.
2025-05-01
Colombia's central bank unexpectedly cut interest rates by 25 basis points to 9.25%.
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2025-05-01
[South Korea's exports unexpectedly rose in April due to strong chip demand] On Thursday, South Korea released trade data showing that the country's exports unexpectedly grew in April, driven by strong chip sales, but the automotive industry was drag
[South Korea's exports unexpectedly rose in April due to strong chip demand] On Thursday, South Korea released trade data showing that the country's exports unexpectedly grew in April, driven by strong chip sales, but the automotive industry was dragged down by US tariffs. South Korea's exports in April were US$58.21 billion, up 3.7% from the same period last year, higher than the 3.0% increase in March and the largest increase in four months. The data exceeded the market's median forecast of 2.0%. By product classification, the country's semiconductor exports increased by 17.2%, the largest increase in four months, and steel product exports also increased by 5.4%, ending three consecutive months of decline. Automobile exports fell 3.8%, but auto parts rose 3.5%, and wireless communication equipment and biopharmaceutical products also rose 26.5% and 21.8%, respectively. Exports to the United States fell 6.8%, but exports to the European Union jumped 18.4% to a record US$6.7 billion. South Korea is the first major exporting economy to release trade data each month, providing early information on the state of global trade.
2025-04-30
UK two-year bond yields fell 4 basis points to 3.80%, the lowest level since September.
UK two-year bond yields fell 4 basis points to 3.80%, the lowest level since September.