South Korea's economy shrank for the first time in two years, but growth is expected from China’s reopening
South Korea's economy saw the first quarterly contraction since the second quarter of 2020, according to advance estimates released by the central bank.
| Date: | Jan. 25, 2023 11:28 PM ET |
| Link: | Read more at CNBC |
| Source: | US Top News and Analysis - cnbc.com |
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Dow Jones Newswires: South Korea’s economy contracts sequentially in Q4 for first time in 2 years
South Korea's economy contracted sequentially in the fourth quarter of 2022 for the first time in more than two years due to weak exports and private consumption.
Jan. 25, 2023 - MarketWatch.com - Top Stories - Business -
China's Shrinking Population Is Deeper Problem Than Slow Growth for Economy
The country’s shrinking population points to longer-term structural issues that will impede its growth in the future.
Jan. 17, 2023 - WSJ.com: World News - World - China -
South Korea considers nuclear development for first time in face of growing North Korea security threat
Jan. 13, 2023 - Yahoo News - Latest News & Headlines - World - North Korea -
China’s Economy Stumbled Last Year With Covid Lockdowns Hobbling Growth
New government data shows that growth for the year fell far short of Beijing’s goal. With Covid curbs lifted but the pandemic’s course uncertain, hope and fear cloud the forecast.
Jan. 18, 2023 - NYT > World News - World - Covid -
China’s Economy Stumbled Last Year With Covid Lockdowns Hobbling Growth
New government data shows that growth for the year fell far short of Beijing’s goal. With Covid curbs lifted but the pandemic’s course uncertain, hope and fear cloud the forecast.
Jan. 17, 2023 - NYT > Top Stories - Top stories - Covid -
China's reopening 'good news' for growth — but could be inflationary, economists warn at Davos
China's decision to welcome tourists again as well as to make it easier for those in the country to travel abroad has been one of the most discussed topics at the World Economic Forum.
Jan. 19, 2023 - US Top News and Analysis - Business - China -
China’s rapid reopening will stir the global economy
The end of ‘zero-Covid’ has implications for growth and inflation around the world
Jan. 15, 2023 - World - World - China -
China's reopening could boost Australia's economy by 1%, JPMorgan says
Australia's economy could be no small beneficiary of an end to China's zero-Covid policy over the next two years, according to JPMorgan.
Jan. 9, 2023 - US Top News and Analysis - Business - China -
Energy watchdog expects record high oil demand due to China's COVID reopening
Global oil demand could surge to record highs this year as China lifts pandemic-era closures and reopens its economy, the International Energy Agency (IEA) said Wednesday. The energy watchdog forecasted that global oil demand would rise
Jan. 18, 2023 - Just In | The Hill - Politics - China -
China's population drops for first time in 60 years
Experts say China's population decline could worsen the country's looming demographic crisis. Bradley Schurman, author of "The Super Age: Decoding Our Demographic Destiny," discusses what the decline could mean.
Jan. 18, 2023 - Home - CBSNews.com - Top stories - China -
China's population falls for first time in 60 years, hampering its economic rise
China said that its population had declined for the first time in decades, a historic shift with profound implications for the world’s second-largest economy.
Jan. 16, 2023 - NBC News Top Stories - Top stories - China -
China’s economy expands 3% in 2022 as zero-Covid policies hit growth
Gross domestic product misses annual target but expectations rise for recovery in 2023
Jan. 16, 2023 - UK homepage - Business - China -
South Korea extends restrictions on travelers from China
South Korea says it will continue to restrict the entry of short-term travelers from China through the end of February over concerns that the spread of COVID-19 in that country may worsen following the Lunar New Year’s
Jan. 27, 2023 - ABC News: Top Stories - Top stories - China -
South Korea shares eye-opening Covid statistics to defend its new rules for travelers from China
South Korea hit back at claims its Covid rules for Chinese travelers are "discriminatory," saying more than half of its imported cases are coming from China.
Jan. 10, 2023 - US Top News and Analysis - Business -
China Halts Visas From South Korea and Japan
Beijing limited entry for South Korean and Japanese visitors in response to travel restrictions the countries have imposed on flights from China.
Jan. 10, 2023 - WSJ.com: World News - World - China -
China halts short-term visas for South Korea and Japan over Covid travel curbs
Beijing had said it would retaliate against countries that require negative tests from Chinese travellersChina has suspended issuing short-term visas in South Korea and Japan after announcing it would retaliate against countries that
Jan. 10, 2023 - The Guardian - World - China -
China's economy could recover faster and earlier than expected, analysts say
China may have marked one of the worst years of economic growth on record, but its shorter-term data showed things might get better sooner.
Jan. 17, 2023 - US Top News and Analysis - Business - China -
In a First, South Korea Declares Nuclear Weapons a Policy Option
President Yoon Suk Yeol said that if North Korea’s nuclear threat grows, his country may build a nuclear arsenal of its own or ask the United States to redeploy in the South.
Jan. 12, 2023 - NYT > World News - World - South Korea -
One-third of world economy expected to be in recession in 2023, says IMF chief
This year is going to be tougher on the global economy than 2022, the International Monetary Fund’s (IMF) chief Kristalina Georgieva has warned.
Jan. 3, 2023 - MarketWatch.com - Top Stories - Business -
One third of world economy expected to be in recession in 2023, says IMF chief
This year is going to be tougher on the global economy than the one we have left behind, the International Monetary Fund's (IMF) chief Kristalina Georgieva has warned.
Jan. 2, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
South Korea: 'Protesting for 20 years and still no equal rights'
Disability rights activists are disrupting rush hour in Seoul's subway stations to demand better access.
Jan. 26, 2023 - BBC News - Home - Top stories -
Dow Jones Newswires: Nokia posts forecast-beating profit of $1.02 billion, expects ‘another year of growth’
"Looking forward to 2023, while we are mindful of the uncertain economic outlook, demand remains robust," Chief Executive Pekka Lundmark said.
Jan. 26, 2023 - MarketWatch.com - Top Stories - Business -
China's economy will be 'on fire' in the second half of 2023, StanChart chairman says
China's economy will be "on fire" in the second half of 2023 as the economic performance of East and West diverges, according to Standard Chartered Chairman José Viñals.
Jan. 18, 2023 - US Top News and Analysis - Business - China -
Three-quarters of global CEOs expect growth to slow this year: survey
Three-quarters of CEOs in a new survey expect economic growth to slow this year as fears of a recession simmer worldwide.
Jan. 16, 2023 - Just In | The Hill - Politics -
In One Chart: What China’s reopening means for markets, according to Goldman Sachs
China's economy is set to reopen in a few days and one major Wall Street firm has boiled down the likely impact on financial markets.
Jan. 7, 2023 - MarketWatch.com - Top Stories - Business
