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Trade polarization in Korea, exports to China continue to decline, dividend income to Japan soars In the Korean economy, the polarization between automobiles and semiconductors has deepened due to a decrease in imports and semiconductor exports, while China's exports continue to decline, and Japan's dividend income soars and exports to the United States increase. China's National Bureau of Stati..

No recovery in the second half, 25% decrease in exports to China in July, 34% decrease in semiconductor exports In July, exports fell more sharply than expected, and semiconductors plunged 36% YoY, making it impossible to recover growth in the second half. The Ministry of Trade, Industry and Energy's semiconductor export statistics for July declined 33.6%, worsening from the previous month's 28...

Eurostat, the European Union's statistical office, announced on the 2nd that the consumer price index (GDP) in the euro area, including Germany and France, rose 7.0% year-on-year in April, and the Bank of Korea announced that core inflation would continue to rise. . The rate of increase in inflation narrowed from the peak in October of last year to 6.9% in March this year, but turned to an expan..

As US financial stocks plummeted, Asian countries opted for “government intervention” while Asian countries chose “government intervention,” and the interest rate gap of 1.5% came to dominate the capital market. Financial stocks plunged due to the US Federal Reserve's announcement of 'no interest rate cut this year' and the Treasury Department's 'uninsured deposit guarantee', and Asian countries..

US economists placed weight on the “possibility after the middle of the year” and “higher interest rate hike” for the US economic recession, and Samsung Electronics showed weakness in the stock market. A third of 48 economists surveyed by the National Association for Business Economics expect a recession to begin in the second quarter of April-June, and a fifth expect a recession to begin in the..

The Bank of Korea will freeze the base rate at the current 3.50% per annum on the 23rd, and the US will raise the base rate at 4.75% by 0.25% points sequentially from March, May, and June, revealing the possibility of a rise to a maximum of 5.5%, revealed in the minutes of the Fed meeting. . In the minutes of the US Fed meeting released on the 23rd, the interest rate will rise twice by 0.25%, an..

The U.S. Congressional Budget Office (CBO) announced on the 15th that it expects the U.S. economy to contract this year, with the unemployment rate soaring to 5.1% this year. The U.S. Department of Labor announced that the producer price index (PPI) rose 6.0% year-on-year and 0.7% month-on-month in January. The PPI, which represents the US wholesale price, declined by -0.2% in the previous Decem..

The New York Times said that China's declining population could exacerbate inflation in the United States and shake the world economy. When the Chinese government announced on the 17th that the population had begun to decline, the New York Times diagnosed that “this is a significant change that will have far-reaching ripple effects both domestically and globally.” "For years, China's large worki..

Regarding the stock market new year, Reuters and the Associated Press put forward a forecast of’low performance in the first half’. “Companies in the S&P 500 fell 3.5% in fourth-quarter earnings, and analysts expect earnings to be largely unchanged through the first half of 2023,” the AP said. Investors have been warning investors that inflation will hurt profits and earnings in 2023,” reported ..

In the UK, inflation rose 11.1% in October, the highest inflation in 41 years, and the Associated Press announced that it is “not yet peaking”. The UK's National Bureau of Statistics announced on the 16th that consumer prices rose 11.1% in October, the highest since October 1981, and a big jump from 10.1% in September. A Reuters poll of economists showed a rise of 10.7%, and economists announced..