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

GCC's Ministerial Council Confirms its Support for Yemen's Unity, Sovereignty, Calls for Designating Houthi Militias Terrorist Group

The Gulf Cooperation Council (GCC) affirmed the sovereignty of the Republic of Yemen and the unity of its territory, calling on the UN Security Council to implement its resolutions regarding Yemen and the rebellion of the Iranian-backed Houthi terrorist militias.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/19 Time 10:33:52
Latest News:

Yemeni Ambassador Discusses Escalating Houthi Threats with US Assistant Secretary of State

Zouba, Indonesian Deputy Foreign Minister Discuss Cultural and Educational Cooperation

Government Calls on Security Council to Condemn Houthi Escalation in Yemen

Al-Soqatari, al-Sharjabi Participate in Operational, Technical Mission of Water and Irrigation Management ..

Parliament Speaker Praises Kuwait’s Support for Yemen

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.