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South Korea Trade Continues to Face Mild Decline

South Korea Trade Continues to Face Mild Decline

SEOUL, SOUTH KOREA, Dec. 9 (Korea Bizwire) - South Korea’s trade is set to experience moderate growth in the machinery and technology industries, offering some optimism amidst a continuing trade for the three-month period ending in January 2020, according to data from the DHL Global Trade Barometer released by DHL, the world’s leading logistics company. The [...]

Seoul-Tokyo Relations at Risk After Japan’s Retaliatory Step

Seoul-Tokyo Relations at Risk After Japan’s Retaliatory Step

SEOUL, Jul. 19 (Korea Bizwire) — Amid a tentative truce in the U.S.-China trade war, another potentially calamitous conflict is looming between two other key players in the global economy and regional security — South Korea and Japan — with trade weaponized as well. Often prickly Seoul-Tokyo relations are at the worst level since the [...]

South Korean Imports Show Moderate Strength as Overall Trade Continues to Contract

South Korean Imports Show Moderate Strength as Overall Trade Continues to Contract

SEOUL, SOUTH KOREA, Jul. 9 (Korea Bizwire) – South Korea’s trade outlook retains some cause for optimism despite continued deceleration both air and ocean trade, according to latest data from the DHL Global Trade Barometer. The DHL Global Trade Barometer, an early indicator of global trade developments calculated using Artificial Intelligence and Big Data, suggests [...]

Despite Increasing Trade Tensions Business Confidence in Asia Pacific Remains High

Despite Increasing Trade Tensions Business Confidence in Asia Pacific Remains High

PORT MORESBY, Papua New Guinea, Nov. 15 (Korea Bizwire) —  Business leaders across Asia Pacific remain confident that their companies revenues will grow over the next 12 months despite increasing trade frictions. In its latest survey of 1189 business leaders across the 21 Asia-Pacific Economic Cooperation (APEC) economies, PwC found that 35% were very confident [...]

South Korea’s Tech Boom to Spur on Growth, DHL Trade Data Suggests

South Korea’s Tech Boom to Spur on Growth, DHL Trade Data Suggests

SEOUL, Feb. 6 (Korea Bizwire) - South Korea’s high-tech industry — a powerhouse of both innovation and export production — will add fire to the country’s trade growth in the coming quarter, according to analysis from the Global Trade Barometer released today by DHL, the world’s leading logistics company. The first ever Global Trade Barometer, an [...]