South Korea Exports Surge 68.7% as Technology Cycle Extends Record Run
South Korean exports surged 68.7% to US$98.26 billion in August, extending a fifteen-month expansion driven by global technology demand.
Trusted Insights. Asian Perspective.
South Korean exports surged 68.7% to US$98.26 billion in August, extending a fifteen-month expansion driven by global technology demand.
Japan's corporate capital spending rose 1.6% as technology, automation and infrastructure investment supported domestic demand and policy normalisation.
Japan's manufacturing PMI rose to 54.9 as AI and semiconductor demand drove the fastest growth in new business and exports since 2018.
South Korea's manufacturing PMI remained expansionary at 52.3 as export demand reached its strongest level since November 2020.
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