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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. Yonhap reports the country posted the second-largest current account surplus 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. The Korea Times notes this was the first time Korea's surplus surpassed the combined total of the two manufacturing powerhouses since comparable data became available.
- Korea's Q2 current account surplus tops Germany, Japan combined on chip boom
- S. Korea’s Q2 Current Account Surplus Tops Germany, Japan Combined for First Time
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- Lee says Korea emerging as global economic leader on record current account surplus
- Lee says S. Korea emerging as global economic leader on record current account surplus
