• South Koreas February exports surge 29% to record high on semiconductor boom South Korea's February exports surge 29% to record high on semiconductor boom SEOUL, March 01 (AJP) - South Korea's exports jumped 29.0 percent in February from a year earlier to $67.45 billion, marking the highest tally for the month on record, the Ministry of Trade, Industry and Energy said Sunday. The result was especially striking given that the Seollal, or Lunar New Year, cut working days by three compared with t
  • Oil shock and shipping risks loom over Koreas 2% growth and bullish stock outlook Oil shock and shipping risks loom over Korea's 2% growth and bullish stock outlook SEOUL, March 01 (AJP) -Escalating geopolitical tensions in the Middle East following U.S. and Israeli strikes on Iran are threatening to splash cold water on Korea’s stock market rally and fragile economic recovery, underpinned by stable fuel prices and exchange rates. Given the country’s heavy dependence on imported energy and maritime trade routes, even a limited disruption in the Gulf region
  • South Koreas Lee orders emergency readiness during Singapore, Philippines trip South Korea's Lee orders emergency readiness during Singapore, Philippines trip SEOUL, March 01 (AJP)-South Korean President Lee Jae Myung departed Sunday for a four-day state visit to Singapore and the Philippines, aiming to strengthen cooperation with the Association of Southeast Asian Nations (ASEAN) in advanced industries and strategic sectors. Lee left Seoul Air Base following his attendance at the 107th Independence Movement Day ceremony earlier in the day. He was accompanied by First
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