South Korea & Institute for Supply Management

South Korea: South Korea's stock market experienced a significant drop, and its factory activity expanded at the fastest pace in five years, driven by firms' efforts to secure supplies amidst the Iran war.

Institute for Supply Management: The Institute for Supply Management>>> reported on the manufacturing purchasing managers index for the United States>>>.

South Korea: South Korea has a tanker crossing the Strait of Hormuz in cooperation with Iran, demonstrating its efforts to maintain energy supplies despite the disruptions.

Institute for Supply Management: A report from the Institute for Supply Management>>> indicated accelerated growth in US services but also higher prices due to tariffs and oil.

South Korea: South Korea is among the countries facing potential 12.5% import taxes from the US due to an investigation into alleged forced labor, which could impact its trade relations.

Institute for Supply Management: The Institute for Supply Management reported accelerated growth for U.S. services businesses but also noted the pinch of higher prices due to tariffs and expensive oil. Its report provides insights into inflationary pressures.