South Korea's May 1-10 exports dive as coronavirus wipes out global demand

SEOUL (Reuters) - South Korean exports and imports suffered a precipitous decline in the first 10 days of May, underlining a bleak outlook for Asia's fourth largest economy and international trade as the coronavirus crisis slammed global demand. Exports contracted 46.3% year-on-year in the period, while imports fell an equally dizzying 37.2%, data from the Korea Customs Service showed on Monday.By categories, overseas sales of semiconductors dropped 17.8%, while that for mobile communication..