The US Department of Agriculture revised down beef export sales for late June by 90%, citing incorrect data. This follows previous data inaccuracies and staffing losses, eroding trust among traders and farmers.
South Korean individual investors, known as 'seohak ants,' are heavily investing in U.S. stocks, making South Korea the third-largest buyer of U.S. equities in 2025. This trend persists despite record gains in South Korea's domestic Kospi index, with investors citing higher potential returns and better corporate governance in the U.S. market. The South Korean government has introduced tax incentives to encourage domestic investment, but skepticism remains about their effectiveness.
Foreign buyers are increasingly drawn to China's Canton Fair, the nation's largest trade exhibition, as China accelerates its shift toward high-value technology products including robots, drones and energy systems. The three-week spring session spans a record 1.55 million square metres with 4.65 million exhibits. Last year, China's hi-tech exports reached 5.25 trillion yuan (US$770 million), up 13.2% from 2024, despite softening global demand.
