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Illustration depicting South Korea's rising industrial output, retail sales, and facility investment in March, with factories, shoppers, construction, and upward charts.
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South Korea's industrial output, retail sales and facility investment rise in March

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South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed on April 30. It marked the first time since September that all three indicators posted on-month growth. A ministry official said the Middle East crisis has not yet impacted the economy.

Premier Li Qiang convened a State Council study session on Monday, urging a 'bottom-line mentality' to secure energy supplies. The meeting, attended by Vice-Premier Ding Xuexiang and other deputies, focused on coordinating energy security and sector transformation. Li highlighted vigilance amid international upheavals and China's growing energy demand.

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Humihiling ang Overseas Workers Welfare Administration (OWWA) ng karagdagang P12 bilyon mula sa Department of Budget and Management para sa repatriation at reintegration ng mga overseas Filipino workers na naapektuhan ng krisis sa Middle East. Sinabi ni OWWA Administrator Patricia Yvonne Caunan na 55% na ng kanilang budget ngayong taon ang nagastos na. Hanggang Biyernes, 6,706 na ang repatriated na Pilipino.

Bank of Korea Deputy Governor Yoo Sang-dai stated that uncertainty over the US Federal Reserve's rate path has deepened following the latest FOMC decision to hold benchmark rates at 3.5-3.75% for a second consecutive meeting, amid persistent Middle East instability. The BOK will monitor risks closely and act if needed to stabilize markets.

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