EZB8RISK / Market Briefing

Seoul's export engine keeps humming, with September shipments hitting a record on strong chip sales, and the government is layering on a large investment package in US energy proje

Seoul's export engine keeps humming, with September shipments hitting a record on strong chip sales, and the government is layering on a large investment package in US energy projects alongside plans to roll out autonomous buses domestically. The tape still lags the fundamentals though, as Asian equities drifted lower after a hot September and bond yields keep investors cautious. A court order to pay a foreign activist fund over a past merger case adds a fresh legal overhang for local corporates.

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