South Korea exports extend gains to 8th straight month in May

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with Houthis

Minister of Information, Culture, and Tourism, Muammer al-Eryani, strongly condemned the Houthi militia's continued abduction of General Secretary of the Sana'a General People's Congress, Ghazi al-Ahwal, and several associates.

BULGARIA: UN Tourism Global Conference on Wine Tourism

Excellent wine practices and global trends in wine tourism will be among the topics on the second day of the 9th UN Tourism Global Conference on Wine Tourism in Plovdiv.

Gold surpasses $3,900 per ounce for first time

The price of gold jumped over the $3,900 per ounce mark for the first time today, Monday, driven by increased demand for safe-haven assets amid a U.S. government shutdown.

Paris Saint-Germain beat Barcelona 2-1 in the Champions League

Paris Saint-Germain beat Barcelona 2-1 in the second round of the Champions League for the league stage.

Last Update: ، 2025/10/09 Time 06:48:39
Latest News:

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with ..

Vice Foreign Minister Discusses Enhanced Partnership and Migration Issues with UN High Commissioner

Al-Hadrami presents his credentials to Czech President as Ambassador to Yemen

Yemen Participates in Expert Group Meeting on Strengthening Civil Registration in Cairo

Interior Minister Discusses Enhanced Security Cooperation with US Ambassador

South Korea exports extend gains to 8th straight month in May

[02/06/2024 02:12]

SEOUL-SABA
South Korea's exports extended on-year gains to the eighth straight month in May on the back of strong shipments of semiconductors, data showed Saturday.

South Korean News Agency (Yonhap) reported that outbound shipments rose 11.7 percent on-year to US$58.1 billion last month, according to the data compiled by the Ministry of Trade, Industry and Energy.

Imports shed 2 percent on-year to $53.1 billion last month, resulting in a trade surplus of $4.96 billion. South Korea has been maintaining a trade surplus for 12 consecutive months.

It was also the highest trade surplus in 41 months.

The growth came amid the rising global demand for automotive chips, along with premium memory chips, the ministry said, according to Yonhap.