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The U.S. ISM output index hit a new low since May 2020.

2025-05-01

The U.S. ISM output index hit a new low since May 2020.

Other News
2025-05-01

NIO: Delivered 23,900 vehicles in April, a year-on-year increase of 53%.

NIO: Delivered 23,900 vehicles in April, a year-on-year increase of 53%.
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.
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