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Korea Looking For 2020 Economic Rebound

December 30, 2019 by Jonathan Custer

Hong Nam-ki.South Korea’s finance minister,  said on Monday the rate of decline in December exports will be significantly lower than in recent months. Recent trend in economic indicators supports expectations of an economic rebound next year, and the rate of decline in exports, which have been sluggish so far, … are expected to be significantly …

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China’s Industrial Profit Growth Fastest In Eight Months, Recovery Fragile

December 27, 2019 by Jonathan Custer

Industrial profits in November rose 5.4% from a year earlier to 593.9 billion yuan ($84.93 billion), snapping three months of decline, as production and sales quickened, data from the National Bureau of Statistics (NBS) showed on Friday. That compared with a 9.9% drop in October. For January-November, industrial firms notched profits of 5.61 trillion yuan, …

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Japan Display Negotiating With Apple & Sharp Over Sell Of Hakusan Factory

December 27, 2019 by Jonathan Custer

Nikkei Asian Review is reporting, Japan Display is in talks with Apple and Sharp to sell its main Hakusan factory in Ishikawa Prefecture, multiple sources told Nikkei on Friday. Japan Display, commonly known as JDI, has been restructuring its business and suspended display production at the factory in July due to poor sales. The company hopes sale of …

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