EZB8RISK / Market Briefing

South Korea's export engine keeps humming, with chip and cosmetics demand lifting business sentiment for the fourth quarter and a large tax surplus giving the government extra fisc

South Korea's export engine keeps humming, with chip and cosmetics demand lifting business sentiment for the fourth quarter and a large tax surplus giving the government extra fiscal room. Attention now shifts to upcoming output and spending data, with US inflation and jobs figures also in the frame as external drivers. One memory chip maker is weighing US production, a sign of how trade dynamics are reshaping where Korean manufacturers build capacity.

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