Korea reported a current account surplus for 10th straight month in February, driven by recovery of chip exports.
Korea logged a current account surplus of $3.05 billion in January, the ninth month in the black, on the back of demand for chips and cars.
Korea logged a current account surplus for the ninth straight month in January on the back of a continued trade surplus driven by the recovery of chip and car exports, central bank data showed Friday.
Korea reported $35.49 billion in current account surplus last year, beating the $30 billion projection by the Bank of Korea (BOK) and a jump of 37 percent from a year earlier.
Korea logged a current account surplus for the eighth straight month in December on the back of an increased trade surplus and increased overseas dividends, according to central bank data Wednesday.
Netflix has started to crack down on Korean users sharing accounts by sending a final notice for a two-week grace period.
Korea logged a current account surplus for seventh consecutive month in November on the back of an increased trade surplus led by chip recovery.
President Yoon addressed the dire birthrate situation in the country and said that "there isn't much time" left. "We need to take the situation more seriously and contemplate causes and solutions at a different level than before," he said.
Bank accounts used for illegal gambling and drug crimes in Korea may soon be subject to freezing upon the request of victims and investigating authorities.
Korea logged a current account surplus for the sixth consecutive month in October on a trade surplus that was helped by a jump in exports, showed central bank data on Friday.
Korea JoongAng Daily Sitemap