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US luxury consumption growth, trade deficit widening, low-income class tension, inflation ‘return’

US luxury consumption growth, trade deficit widening, low-income class tension, inflation ‘return’ The United States' first quarter economic indicators revealed tensions among low-income households in restoring inflation due to the growth of luxury consumption and the expansion of the trade deficit. The U.S. Department of Commerce announced on the 25th that gross domestic product (GDP) increased..

경제 2024.04.26

Trade deficit of $10 billion, consumption decline, Chinese demand weakening, deflation strengthening

Trade deficit of $10 billion, consumption decline, Chinese demand weakening, deflation strengthening Deflation in China is growing due to weakening demand, and Korea has a trade deficit of $10 billion last year due to a decline in trade with China, indicating a continued recession due to falling imports and decreased consumption. According to the Korea National Statistical Office, the amount of ..

경제 2024.01.01

Japanese economy ‘increasing profits’ China ‘shrinking’ US ‘stock market mixed’ Korea ‘economic upturn’

Japanese economy ‘increasing profits’ China ‘shrinking’ US ‘stock market mixed’ Korea ‘economic upturn’ The Japanese economy is doing well due to 'increasing profits' and easing unemployment, but China is 'shrinking' and the outlook is negative, and the US interest rate outlook is 'unclear', leading to 'mixed stock market' and the Korean government and securities companies 'lowering interest rat..

경제 2023.12.01

Biased diplomacy Trade deficit Expansion of semiconductor deficit U.S. return to dependence on Japan

Biased diplomacy Trade deficit Expansion of semiconductor deficit U.S. return to dependence on Japan U.S.-Japan biased diplomacy has expanded the trade deficit and semiconductor deficit, returning the economy from the Cold War system to an economy dependent on the U.S. and Japan under a security umbrella. The trade deficit for 10 days in October shows the failure of the government's attempted V ..

경제 2023.10.11

Chu Kyung-ho's 181 trillion won export fund 'spreading out' Chinese tourism for 3 months 'stimulating' real estate luxury consumption

Chu Kyung-ho's 181 trillion won export fund 'spreading out' Chinese tourism for 3 months 'stimulating' real estate luxury consumption In the midst of an economic downturn with simultaneous sharp declines in imports and exports, the government began to stimulate the economy by investing 181 trillion won in export subsidies in the fourth quarter and attracting Chinese tourists, thereby boosting th..

경제 2023.09.04

Export orders in Korea decreased in August, manufacturing costs in Japan rose, and Chinese factories in all three countries contracted together

Export orders in Korea decreased in August, manufacturing costs in Japan rose, and Chinese factories in all three countries contracted together. The Korean manufacturing industry saw a decline in export orders in August, cost pressures increased on the Japanese manufacturing industry, and factory activity in all three countries, including China, contracted simultaneously. Market research firm Tr..

경제 2023.09.01

Vietnam and Canada gain from US-China trade reorganization, South Korea's consecutive trade deficit

Vietnam and Canada gain from US-China trade reorganization, South Korea's consecutive trade deficit Reworked trade rules between the US and China led to China relocating factories to Vietnam and Mexico as an investment, and the US increased the share of low-cost imports from these countries, which contributed to inflation in the US, he said. Regarding Korea's consecutive trade deficit, Reuters, ..

경제 2023.08.30

Kyong-ho Choo failed to hit the low in May, and the trade deficit widened. IMF 1.4% ADB 1.3% growth rate decline

Kyong-ho Choo failed to hit the low in May, and the trade deficit widened. IMF 1.4% ADB 1.3% growth rate decline In July, as the decline in semiconductor exports and exports to China became a fatal blow, Deputy Prime Minister Choo Kyung-ho's economic stimulus measures at the "low point in May" failed, and the IMF lowered this year's economic growth forecast to 1.4%, while the ADB lowered it to 1..

경제 2023.07.26

Securities companies Samsung ‘buy stocks at the low point in May’ vs. 2Q profits plummeted by 99% compared to the previous year

Securities companies Samsung ‘buy stocks at the low point in May’ vs. 2Q profits plummeted by 99% compared to the previous year As securities companies issued reports recommending Samsung Electronics stock purchases, the semiconductor bottom in May was continuously disseminated through the media, and Samsung Electro-Mechanics' operating profit in the second quarter was expected to drop by 99% co..

경제 2023.06.02

Lee Chang-yong ‘China’s growth rate fluctuates by half in Korea, 1.8% good excluding IT’

Lee Chang-yong ‘China’s growth rate fluctuates by half in Korea, 1.8% good excluding IT’ Bank of Korea Governor Lee Chang-yong said at a press conference on the decision to freeze interest rates that China's growth rate in Korea fluctuated from 1.1% to 0.5%. Governor Lee said, “The growth rate is 1.1% in the scenario where China’s economic recovery is delayed and financial instability in develop..

경제 2023.05.26