SEOUL :South Korea's exports for the first 20 days of June rose 5.3 per cent from the same period a year earlier, customs agency data showed on Wednesday, marking the first increase in 10 months.It was the first time since August 2022 that 20-day exports data logged a year-on-year gain. Exports in May fell fo
SEOUL :South Korea's exports for the first 20 days of June rose 5.3 per cent from the same period a year earlier, customs agency data showed on Wednesday, marking the first increase in 10 months.
Exports of cars jumped 110.1 per cent, ships surged 148.7 per cent, but semiconductors and petroleum products fell 23.5 per cent and 36.0 per cent, respectively. "It was a surprise and encouraging to see a much softer fall in chip exports," Meritz Securities' chief economist Stephen Lee said, adding that the data indicates expansion for the full month by simple calculation.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korea June 1-20 exports rise on-year, first time in 10 monthsSEOUL : South Korea's exports for the first 20 days of June rose 5.3 per cent from the same period a year before, customs agency data showed on Wednesday.It was the first time since August 2022 that 20-day exports data logged a year-on-year gain, the agency said.Exports of cars jumped 110.1 per cen
Read more »
Youth unemployment soars in South Korea as young opt for break instead of job seekingMost of them cite the unavailability of jobs offering desirable wages and working conditions. Read more at straitstimes.com.
Read more »
South Korea to gradually normalise regulations on banks from H2SEOUL : South Korea will gradually unwind relaxed regulations on banks from the second half of this year, the country's financial regulator said on Tuesday.In a statement, the Financial Services Commission (FSC) said it would normalise the loan-to-deposit ratio requirement on lenders from July. The ratio
Read more »
Scoot plane heading to Singapore from South Korea missing a wheel during stop in TaipeiSINGAPORE: A Scoot plane heading from South Korea to Singapore was found to be missing a left nose wheel after it landed in Taipei during a scheduled stop on Monday (Jun 19) morning. Scoot said that flight TR897 detected a technical fault upon landing at Taoyuan International Airport.
Read more »
South Korea cuts 'killer questions' from college entrance examSEOUL: South Korea will drop so-called 'killer questions' from its notoriously tough college entrance exam in a bid to reduce reliance on private cram schools, the education ministry said Tuesday.
Read more »
South Korea cuts ‘killer questions’ from college entrance examMore than half a million students sit the annual nine-hour test. Read more at straitstimes.com.
Read more »