South Korea's Bank Loan Delinquency Rate Rises to 0.53% in August
South Korea's Automobile Exports Rise 4.9% in September
South Korean Shares End Flat Ahead of Earnings; SK Hynix Rises 3%
Interest rate cuts in emerging markets in Asia are beginning!
Economists predict that both Thailand and the Philippines may once again cut interest rates by 25 basis points in December. Thailand's economic growth lags behind its neighbors due to high household debt, high borrowing costs, and weak exports; while the Philippines' inflation is below the central bank's target range, and the economy shows signs of slowdown.
South Korea's Unemployment Rate Falls to 2.1% in September
Trump demands a whopping 10 billion US dollars from south korea each year for the US military!
On Tuesday, Trump stated that if he takes office in the White House, South Korea will pay tens of billions more each year for the US military; he also described South Korea, a traditional ally of the USA in the Asia-Pacific region, as a 'money-making machine'.