HeyJaredCynthia Kim
- Indexed articles, last 90 days
- 4
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- Oct 1, 2026
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- Aug 27, 2026
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South Korea's monthly exports top $120 billion for the first time on record chip sales (opens the original)
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SEOUL, Oct 1 — South Korea's exports jumped 83.5% in September from a year earlier to a record $120.9 billion, government data showed on Thursday, as semiconductor shipments more than tripled on global spending on artificial intelligence. Data released by the customs office showed outbound shipments outstripped market expectations for a 62.0% increase, marking the country's 16th consecutive month of export growth. Exports for January to September reached $814.5 billion, the first time they
South Korea's monthly exports top $120 billion for the first time on record chip sales - AOL (opens the original)
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SEOUL, Oct 1 (Reuters) - South Korea's exports jumped 83.5% in September from a year earlier to a record $120.9 billion, government data showed on Thursday, as semiconductor shipments more than tripled on global spending on artificial intelligence. Data released by the customs office showed outbound shipments outstripped market expectations for a 62.0% increase, marking the country’s 16th consecutive month of export growth. Exports for January to September reached $814.5 billion, the first time
South Korea proposes record $597 billion 2027 budget to supercharge AI investment - AOL (opens the original)
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By Cynthia Kim, Joyce Lee and Heejin Kim SEOUL, Sept 1 (Reuters) - South Korea on Tuesday unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at 821 trillion won ($596.92 billion) to strengthen the country's technological edge amid the global AI race. In its annual budget proposal, the budget ministry said the spending plan represented a 12.8% rise from 2026, marking the largest year-on-year increase on record. The proposal signals a shift i
BOK delivers back-to-back rate hikes, signals gradual tightening ahead - AOL (opens the original)
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SEOUL, Aug 27 (Reuters) - The Bank of Korea on Thursday raised its benchmark interest rate by a quarter percentage point to 3.00%, delivering a second straight increase as inflation stays above target and financial stability risks persist. Following the decision, Governor Shin Hyun Song signaled that the bank would take its time assessing the back-to-back rate actions before it looks to do an additional 25 basis point hike. The seven-member monetary policy board at the BOK voted to raise the sev
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