Korea (Republic of) GDP Growth Rate YoY Adv (Q1) Y/Y 3.6% vs. Exp. 2.7% (Prev. 1.6%)
South Korea's GDP growth rate for Q1 has come in significantly above expectations at 3.6%, compared to the expected 2.7% and a prior print of 1.6%.
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Quarterly earnings/updates including Perseus Mining, Santos, Samsung Biologics & SK Hynix
[CALENDAR ADDITION] Israel and Lebanon talks in the US are slated for Thursday at 14:00EDT/19:00BST
Korea (Republic of) GDP Growth Rate YoY Adv (Q1) Y/Y 3.6% vs. Exp. 2.7% (Prev. 1.6%)
US Treasury is launching the Investment Security Technology Initiate to convene leading experts and strengthen the safeguarding of critical investments and emerging technologies
OpenAI in talks to invest up to USD 1.5bln in private equity joint venture, according to The Information
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This strong performance suggests a robust economic rebound, potentially influencing monetary policy discussions and supporting the Korean won against other currencies as markets recalibrate growth expectations.
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