Korea (Republic of) Unemployment Rate (Apr) 2.8% (Prev. 2.7%)
South Korea's unemployment rate ticked up to 2.8% in April from 2.7% in March, indicating a slight deterioration in the labor market.
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: CBA (CBA AT) Q3 unaudited cash profit rose 4% Y/Y to AUD 2.7bln, but fell 1% vs H1 quarterly average, while it raised bad debt provisions
Australian debt agency is to issue Treasury bonds of around AUD 125bln for 2026/2027, while further guidance of issuance plans will be provided in June
Korea (Republic of) Unemployment Rate (Apr) 2.8% (Prev. 2.7%)
US President Trump posts image on Truth Social of Venezuela as the 51st state
UK government whips believe Wes Streeting will make his move on Thursday, to avoid clashing with King’s Speech, while Andy Burnham doesn’t have an MP ready to quit, according to Sky News reporter Jon Craig
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While a marginal rise might not substantially shift the economic outlook, it could raise concerns over domestic consumption and growth, potentially influencing policy discussions.
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