Business

    In June, South Korea achieved a historic current account surplus of $49.73 billion, driven by a significant rise in semiconductor exports. The Bank of Korea indicated this was a notable jump from the previous peak of $38.61 billion recorded in May. The country’s surplus streak extended to 38 months with this remarkable monthly performance. A large portion of this growth was fueled by robust goods exports, with technology shipments leading the way in boosting the nation’s international sales.