LBF

With its strength in critical sectors like batteries and chips, South Korea’s suitability as a friendly shore is colored by its companies’ dependence on Chinese inputs and demand. Extending China waivers for Korean corporations, as the US has done, solely undermines its own industry coverage. Local stock benchmark retreats from a five-week high as weak official stories on producer and client prices undermine bullish bets on China’s financial recovery outlook. The university’s latest report on the Policy Uncertainty Index acknowledged that slight economic growth and softer inflation have been among the elements that helped to scale back the determine. Her …