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A tough path lies ahead for new president Yoon: Korea Herald
The paper says President Yoon is required to redouble his efforts in working with his friends and foes to chart a new course for South Korea at this critical juncture.
South Korea April inflation hits over 13-year high
SEOUL (Reuters): South Korea's consumer inflation quickened far more than forecast and hit a more than 13-year high in April, boosting expectations in the bond market for more central bank interest rate rises this year.
South Korea’s exports to China down in April
SEOUL: South Korea’s exports to China dropped in April, highlighting the impact that Covid-19 related lockdowns in Chinese cities are having on supply chains around the region.
Emerging markets - Indonesian rupiah rises after crude palm oil excluded from export ban
The Indonesian rupiah rebounded on Tuesday from heavy losses in the previous session after the country said crude palm oil shipments were excluded from the planned export ban on the vegetable oil.
S.Korea Q1 GDP growth slows as private spending, investment weaken
SEOUL: South Korea's economic growth nearly halved in the first quarter from preceding three months as consumers and companies both cut spending amid coronavirus curbs and surging inflation.
The Week Ahead - PPI, CPI, GDP, PMI
Producer price indexTHE Statistics Department is expected to announce the producer price index (PPI) for March, the leading index and coincident index for February this week.
Clear and present danger
THE 10-year Malaysian Government Securities (MGS) was last seen at 4.13%, and since the beginning of the year, the benchmark yield has risen by 57 basis points (bps) and it is now at the highest level since December 2018.