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Hong Kong's GDP Growth Slows to 2.7% in Q1, Revised Figures Say
GDP during the preceding quarter rose by 4.3%, while the seasonally-adjusted GDP rose by 2.3%, the report said.
Hong Kong's GDP grew 2.7% year on year in the first quarter and remained unchanged at 2.5% to 3.5% for the whole year
On May 17, the Hong Kong Government published the “Economic Report for the First Quarter of 2024” and revised GDP figures for the first quarter of 2024.
South Korea's Unemployment Rate Steady at 3.0% in April
South Korea's Unemployment Rate Steady at 3.0% in April.
South Korea's Strong Private Consumption May Not Be Sustainable -- Market Talk
South Korea's strong private consumption--seen in 1Q gross domestic product data--may not be sustainable, Nomura economist Jeong Woo Park says in a research note.
South Korea's Central Bank May Deliver First Rate Cut in October -- Market Talk
South Korea's solid economic growth, supported by resilient consumption and stronger exports, leads Nomura to delay its projection for a rate cut by the country's central bank to October from July.
South Korea's Current Account Surplus Rises in March
South Korea registered a current account surplus of $6.93 billion in March, increasing from a surplus of $6.86 billion in the preceding month, according to a Bank of Korea filing on Thursday.