SEOUL, May 9 (Korea Bizwire) — South Korea logged a current account surplus for the 11th straight month in March on the back of an increased trade surplus, central bank data showed Thursday. The country’s current account surplus reached US$6.93 billion in March, following the surplus of $6.86 billion in February. In the first three [...]
SEOUL, Dec. 2 (Korea Bizwire) - South Korea’s trade surplus in the ICT segment outpaced those of members of the Organization for Economic Cooperation and Development (OECD) in the first half, data showed Wednesday, posting robust performances despite the global economic slump. According to the data compiled by the Institute for Information & Communications Technology Promotion, [...]
SEOUL, Sep. 28 (Korea Bizwire) – The balance of money surplus held by Korean households has approached to the 30-trillion-won level during the second quarter of this year, due to weak private consumption. This is the highest level since the Bank of Korea changed the way it compiles the data in the first quarter in [...]