South Korea February exports fall for fifth month, with pace easing on calendar effects

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports fell in February for a fifth straight month in annual terms, trade ministry data showed on Wednesday, although at a slower pace than in January due mainly to calendar effects related to national holidays. Outbound shipments from Asia’s fourth-largest economy fell 7.5% to $50.10 billion in …

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Factbox-As Tesla prepares a Mexico plant, a look at auto plants in Mexico

(Reuters) – Mexico has long been a manufacturing hub in North America for multiple automakers, and the country is trying to position itself for the wave of electric vehicles (EVs) to come. The auto sector is a driver of Mexico’s major manufacturing industry, which is heavily integrated into U.S. and Canadian supply chains. Mexican officials …

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Japan factory activity shrinks the most in 2-1/2 years

TOKYO (Reuters) – Japan’s factory activity shrank in February at the fastest pace in over two years, a private survey showed, highlighting companies’ struggles amid a global economic slowdown, raw material inflation and policymakers’ calls for higher wages. The final au Jibun Bank Japan Manufacturing Purchasing Managers’ Index released on Wednesday fell to 47.7 in …

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Brasil reanudará parcialmente los impuestos sobre la gasolina y el etanol

BRASILIA, 28 feb (Reuters) – Brasil dijo el martes que reanudará parcialmente los impuestos federales sobre la gasolina y el etanol e impondrá un impuesto sobre el crudo exportado, en un momento en que la administración izquierdista trata de aumentar los ingresos después de haber incrementado el gasto social. La medida impondrá de hecho una …

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Northern Irish police release four men detained in detective shooting case

(Reuters) – The Northern Ireland police on Tuesday said they had released four out of six men arrested in relation to the attempted murder of senior detective John Caldwell following investigation. The four men, ages 22, 38, 43 and 45, were released following questioning, the Police Service of Northern Ireland said in a statement, adding …

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