South Korea export growth slows sharply as US election uncertainty raises risks

Quick Summary:

Trade Minister Ahn Duk-geun said the government “is thoroughly assessing the potential impact” of next week’s US election on each sector taking into account every possible scenario.

It was the 13th straight month exports grew in annual terms though they were the smallest increase since March.

Export growth slowed to a seven-month low from cooling global demand and US election uncertainty.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaSouth KoreaUnited States

Topics: Uncertainty Recovery Month Billion Growth October Global Exports Cent Rose Election

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 10:55:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23359694

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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Publisher ID: #25

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