S. Korea's monthly exports hit 2nd highest ever on strong chip shipments

South Korea's monthly exports soared to the second highest ever by moving up nearly 63 percent in July from a year earlier, data showed Saturday, amid solid global demand for memory chips. Outbound shipments came to $98.89 billion in July, according to the Ministry of Trade, Industry and Resources. It was slightly belo

The Kospi saw its best-ever day on Friday, as the index came roaring back thanks to historical jumps in its big tech names.

South Korea recorded its highest temperature on Friday since modern weather observations began, as a prolonged heatwave pushed temperatures above 40 degrees Celsius (104 degrees Fahrenheit) for a third straight day in parts of the country.

The Met Office is expecting a ‘North-South split’ with high temperatures in the South, but Scotland seeing clouds and outbreaks of rain

SEOUL, July 30 : South Korean exports likely extended robust growth in July, with the pace weakening from a near-half-century high but posting the second-strongest gains in the current winning streak led by surging AI chip demand, a Reuters poll showed on Thursday. Exports from Asia's fourth-largest economy, a bellweth

SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.