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Global Market: South Korea's Q2 GDP beats estimates on chip exports; semiconductor stocks in focus
South Korea's GDP expanded 0.6% in the second quarter. Robust semiconductor exports offset weakness in construction investment, reinforcing optimism for the technology sector. The Bank of Korea expects annual growth around three percent this year. Further interest rate hikes are anticipated due to elevated inflation and growth. This data supports sentiment towards South Korean export-oriented companies.
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channelnewsasia.com
South Korean economy likely slowed in Q2 after robust Q1 growth: Reuters poll
BENGALURU, July 21 : South Korea's economy likely grew at a much slower pace in the second quarter compared to the first three months of the year, as robust export growth was…
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koreatimes.co.kr
[BREAKING] Korea's economy grows 0.6% in Q2 on strong chip exports, beating forecasts - The Korea Times
Korea's economy expanded 0.6 percent from the previous quarter in the second quarter, according to the Bank of Korea (BOK), Thursday. While the pac...
