South Korean memory chips lift national exports in January for a strong start to 2024

South Korean exports maintained growth momentum in January in a positive start to 2024, as demand for semiconductors continued to improve. Shipments adjusted for working-day differences increased 5.7 per cent from a year earlier, according to data released Thursday by the customs office. Headline exports rose 18 per cent, compared with economists’ forecasts for a … Read more

Auto exports decline 21% in 2023: SIAM

Automobile shipments from India declined 21% last year as many overseas markets continued to face monetary and geopolitical crises, as per the latest SIAM data. Overall exports stood at 42,85,809 units last year compared to 52,04,966 units in 2022. Passenger vehicle shipments rose 5% to 6,77,956 units last year from 6,44,842 units in 2022. However, … Read more