South Korea's exports declined for the seventh consecutive month in April due to the weak demand for semiconductors and a continuing fall in shipments to China, figures from the Ministry of Trade, Industry and Energy showed Monday.
Exports decreased 14.2 percent on a yearly basis in April, bigger than March's 13.6 percent decrease. Shipments were forecast to drop 13.5 percent.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.