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Kyong-ho Choo failed to hit the low in May, and the trade deficit widened. IMF 1.4% ADB 1.3% growth rate decline In July, as the decline in semiconductor exports and exports to China became a fatal blow, Deputy Prime Minister Choo Kyung-ho's economic stimulus measures at the "low point in May" failed, and the IMF lowered this year's economic growth forecast to 1.4%, while the ADB lowered it to 1..

From the current account deficit in November of last year and the current account deficit in the second half, the Bank of Korea forecasts that exports will decrease by 3.7% in the first half of this year, and major industries such as semiconductors, petrochemicals, and steel are expected to experience larger deficits, leading to greater exchange rate fluctuations. The Bank of Korea announced the..

South Korea's exchange rate has entered the 1,400 won range from the largest trade deficit in history to a twin deficit, and the Japanese yen is continuing to break through the 144 yen per dollar level. Korea's trade deficit reached a record high of $9.47 billion in August, and the Bank of Korea announced for the first time the possibility of a current account deficit next month. After Chief Cab..

The negative growth of semiconductors showed a 12.3% increase in inventories while semiconductor shipments plunged -26.1% in July. The 1.3% decline in mining industry production in July was led by a decrease in semiconductors (-3.4%) and machinery equipment (-3.4%), while the production of memory semiconductors such as flash memory DRAM and semiconductor assembly equipment wafer processing equip..