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Korea's Q2 surplus tops Germany, Japan combined on chip boom
South Korea's current account surplus in the second quarter exceeded the combined surpluses of Germany and Japan for the first time on record, fueled by rising semiconductor exports, according to KBS World and Yonhap. The surplus ranked second-largest among major economies, and President Lee Jae Myung said Sunday that Korea has emerged as a leading player in the global economy, citing the record surplus, as reported by the Korea Times and Yonhap.
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- Lee says S. Korea emerging as global economic leader on record current account surplus
