SEJONG, Dec. 15 (Korea Bizwire) – South Korea posted a trade surplus for the 46th month in a row in November as imports dropped at a much faster pace than exports, customs data showed Tuesday. According to data from the Korea Customs Service (KCS), the country’s trade surplus reached a record high of US$10.32 billion [...]
SEOUL, Sept. 8 (Korea Bizwire) – As the prospect that China will go through a much more severe economic slowdown than expected is spreading, concerns about the impact this will have on the Korean economy are growing. Korea has a bigger dependency on China compared to other countries. According to a report issued by The [...]
SEJONG, June 15 (Korea Bizwire) — South Korea posted a trade surplus for the 40th month in a row in May as imports dropped at a faster pace than exports, customs data showed Monday. According to the data by the Korea Customs Service (KCS), the country’s trade surplus reached US$6.3 billion last month, down from $8.53 [...]
SEOUL, May 4 (Korea Bizwire) — South Korea’s monthly current account surplus rose to a four-month high in March, extending its surplus streak to a 37th straight month, data showed Monday. The current account surplus hit US$10.39 billion in March, nearly doubling from a $6.44 billion surplus in the previous month, according to the provisional data [...]