April 22, 2024

China’s Loan Prime Rates Remain Unchanged

China: China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent on Wednesday, the same as the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged f…

S. Korea’s Exports Gain 11.1% from April 1-20

South Korea’s exports rose 11.1% on-year in the first 20 days of April on surging global demand for semiconductors, data showed Monday.

Outbound shipments reached $35.82 billion in the April 1-20 period, compared with $32.25 billion tallied a year ea…