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Current account deficit $4.4 billion Manufacturing employment 100,000 youth 137,000 decrease The current account deficit of 4.46 billion dollars in the first quarter worsened the deformed economic structure in which the number of employed in manufacturing decreased by 97,000 and increased by 440,000 only among those in their 60s. The Bank of Korea's current account deficit of $4.46 billion in th..

Deputy Minister of Finance of China, Deputy Minister of People's Bank of China, Dispatch of Finance Ministers' Meeting China avoided ministerial-level attendance by sending an assistant finance minister and a PBOC reviewer to the Korea-China-Japan finance ministers' meeting. South Korea's trade deficit with China in April was $2.27 billion, which is close to the overall trade deficit of $2.62 bi..

Semiconductor production plunged 17.1% in February, the largest decline in semiconductor production since December 2008 (-18.1%) during the financial crisis, and Samsung Electronics' operating profit in the first quarter was expected to drop by 89%. According to the data from the National Statistical Office for February, the mining industry (11.9%) increased from a decrease in manufacturing (-3...