Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,168.07
    -594.66 (-1.46%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    71,031.92
    +1,729.40 (+2.50%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,530.60
    -7.82 (-0.51%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

S. Korea industrial output slumps further in April

South Korea's industrial output declined for a second straight month in April, reflecting weak exports, government data shows

South Korea's industrial output declined for a second straight month in April, reflecting weak exports, government data showed Friday. Production in the mining, manufacturing, gas and electricity industries fell by a seasonally adjusted 1.2 percent following a revised 0.3 percent fall in March, Statistics Korea said. Compared with a year earlier, industrial output was down 2.7 percent. Output of ships and other transport products fell 13 percent month-on-month, while production in processed metals shrank eight percent. Production in the service sector, however, gained 0.5 percent in April on a monthly basis after a revised 0.2 percent drop in March. The service sector output rose 4.1 percent from a year earlier. The statistical agency said weak exports offset gains in domestic shipments last month.