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Interest rates, trade tensions, and energy costs could derail the sector’s fragile recovery The improvement in global manufacturing conditions in the first quarter of 2024 is both positive and welcome news, and sets the tone for a more sustained recovery throughout the rest of the year. […]
Inflation is likely to ease in H2 as the high-base-year effects from late 2023 come into play and demand cools Market participants should expect higher-for-longer interest rates, as inflationary pressures remain elevated. This will dampen consumption as living costs rise and private investment to some extent […]
A legislature controlled by the opposition will ensure that the administration will have little success in policymaking The People Power Party’s (PPP) minority position in the legislature will ensure that policy deadlock persists in South Korea until the end of President Yoon Suk Yeol’s term in […]