ISM Manufacturing data for the month of May is expected to come in slightly above April’s reading of 60.7 at 61.
South Korea’s exports jumped 45.6 percent on-year in May to extend their gains to a seventh consecutive month due to strong demand for chips amid the global economic recovery, underscoring a rebound from the pandemic-caused slump, data showed Tuesday.
- Exports recovery extended to 7th month in May on rebounding global economy (Yonhap News Agency: 2021-06-01 01:21:51+00:00)
- Exports recovery extended to 7th month in May on rebounding global economy (Yonhap News Agency: 2021-06-01 00:10:37+00:00)
- Exports recovery extended to 7th month in May on rebounding global economy (Yonhap News Agency: 2021-06-01 00:00:04+00:00)
This is the Monday, May 31, 2021 edition of Today in Slovakia.
Bratislava-based carmaker Volkswagen Slovakia has celebrated its 30th anniversary on entering the Slovak market.
P3 Žilina is located on the crossroad of the D1 motorway (Bratislava – Žilina – Poprad – Košice) and planned international road D3 connecting Slovakia with Poland.
Hyundai Motor Group’s eco-friendly vehicle exports jumped 46.6 percent in the first four months of this year compared with a year earlier, led by robust demand for its electric vehicle (EVs) and hybrid models, industry data showed Monday.
Lottery announcement stirs up selling frenzy among carmakers as competition intensifies
Traditional carmakers that are rolling out electric cars to take on auto industry startups are exploring new ways of selling vehicles.
More than 50 percent of listed companies on Chinese markets expect to turn a profit for the first half of this year, the Shanghai Securities News reported on Monday.
The second quarter earnings of Hyundai Motor and Kia are expected to serve as a “barometer” for the future of the domestic auto market which is reeling from the effects of the global chip shortage, industry sources said Wednesday.