South Korea: Growth Reaches 3.4% Driven by Semiconductors
6 Articles
6 Articles
Semiconductor exports more than tripled in the third quarter over a year. The annual current account surplus could expect $421.9 billion this year, the second largest behind China.
South Korea's GDP rose 1 percent in the third quarter, compared to the previous quarter, and rose 3.4 percent compared to the same quarter in 2025, according to preliminary statistics from the Bank of Korea.
South Korea's Kospi is up several percent after the country's economy grew three times faster than expected in the third quarter. However, several other leading indices in Asia are doing worse in early Tuesday trading. At lunchtime, the Kospi is up a full 3.7 percent. Japan's Nikkei 225 is also climbing, by 2.0 percent, and the broader Topix is also up by 0.7 percent. In China, however, things are looking darker. Shenzhen falls 0.3 percent and S…
Result came above the estimate of analysts consulted by FactSet who predicted discharge of 3%
South Korea's Gross Domestic Product (GDP) advanced 3.4% in the third quarter, compared to the same quarter of 2025, in...
The real gross domestic income (IBI) of the country, an indicator of purchasing power, skyrocketed 18.8% year-on-year, its biggest increase in almost 49 years due to the rise of semiconductors.
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