S. Korea attains biggest current account surplus in nearly 7 years

U.S. Treasury Sanctions 21 Individuals, Entities for Involvement in Financing Houthi Militias

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today the designation of 21 individuals and entities, as well as the identification of one vessel, on the sanctions list for their involvement in transporting petroleum products, purchasing weapons and equipment and providing financial services to the Iran-backed Houthi terrorist militias.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

S. Korea's ITC exports rise 12.4 percent in 2025

South Korea's exports in the information and communication technology (ICT) industry rose 12.4 percent to a record high in 2025, due to strong demand from the artificial intelligence industry.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/17 Time 02:57:28
Latest News:

Civil Aviation Authority Announces Resumption of Operating al-Rayyan International Airport

Vice Minister of Transport Announces Fourth Weekly Flight Between Aden, Riyadh

Decree of Chairman of Presidential Leadership Council to Appoint New Prime Minister Issued

Prime Minister announces about $90 million Saudi support to pay salaries

Minister al-Bakri Discusses Youth Empowerment Support with French Ambassador

S. Korea attains biggest current account surplus in nearly 7 years

[07/08/2024 01:18]

SEOUL-SABA
South Korea reported its largest current account surplus in about seven years in June, driven by robust exports led by semiconductors, central bank data showed Wednesday.

S. Korean News Agency (Yonhap} reported that the country's current account surplus reached US$12.2 billion in June, marking a surplus for two consecutive months, according to data compiled by the Bank of Korea.

The June surplus is the largest since September 2017, when the surplus was $12.3 billion.

The latest performance was driven by a robust goods account, which totaled $11.4 billion, the largest since September 2020. It also marked 15 consecutive months of growth, according to Yonhap.