newsmart • Latest News & News Feed

koreatimes.co.kr | 10 min. ago NEW

Korea's economic recovery remains solid, led by exports: finance ministry

#economy #employment #Export #Inflation #jobs #oil #oil price #recovery #semiconductor #Support #unemployment #Unemployment Rate

Korea's economy continues to show solid signs of recovery, supported by robust exports and improving domestic consumption, the finance ministry said Friday. The Ministry of Finance and Economy offered the assessment in its monthly economic report, known as the Green Book, maintaining its positive assessment from the August report while noting that uncertainties surrounding the war in the Middle East persist. "Recently, the South Korean economy has been showing solid signs of recovery, supported by a substantial increase in exports and improving domestic consumption," the report said. Korea's exports surged 68.7 percent in August from a year earlier, buoyed by strong semiconductor shipments. "However, as uncertainties related to the war in the Middle East have widened somewhat, pressure on people's livelihoods continues amid inflation caused by high oil prices and employment difficulties faced by vulnerable groups and sectors," it added. In August, Korea added 184,000 jobs from a year earlier, while the unemployment rate remained unchanged at 2 percent. The increase marked the largest gain

curated by newsmart.ch

Prioritise filling lakes in drought-hit taluks through lift irrigation schemes: Minister

England v Pakistan: third men’s cricket Test, day three – live

Putin's Wrong – Russia’s Oil Exports and Revenue Both Slump in August

Iran’s Houthi allies capture strategic island on vital oil shipping route

Fremantle v Geelong player ratings: While Dockers stood up under pressure, these Cats guns will rue one that got away

Netflix ‘cancels’ show hailed Yellowstone meets Virgin River

MahaRERA orders developer to refund homebuyers: 7 checks to make before booking a flat

Putin's Wrong – Russia’s Oil Exports and Revenue Both Slump in August

Manenberg mother appeals for help after son allegedly taken to Burundi

Limpopo father gets life for killing daughter after anger over protection order

Nepal puts $4.78bn price tag on reconstruction after deadly glacial flood

South Africa to showcase innovation at Pujiang Innovation Forum in China

Will Burnham grasp the urgent need to defend the UK?

New York marks 25th anniversary of 9/11 attacks

What we still haven’t learnt from 9/11

Bond markets stabilise after global sell-off

Diesel Jumps Above $6 a Gallon, Adding to Inflation Pressure

Houthis used Anthropic AI to try to build ballistic missiles

4th International Mine Action Conference tackles the global threat of landmines

From bottle stoppers to rockets: How Portugal is reinventing cork

newsmart is free – and should stay that way.

Kyrgyzstan hosts Shanghai Cooperation Organisation summit as bloc expands its global role

Inflation ticked up in August, setting the stage for the Fed to hike interest rates

Korea's economic recovery remains solid, led by exports: finance ministry

25 years on, hear the haunting final voicemails of 9/11 victims who, facing the unthinkable, somehow found the words for farewell: 'I just want you to know that I totally love you'

Meet Cliff Linster, whose Jurassic “squid” sat 30 years before being named a new species

US court rules 150,000 Mississippi residents have no constitutional right to lead-free water

Democrats top Republicans by 11 points for House control: Survey

9/11 has had a lasting effect on world affairs

France Widens Sex-Trafficking Investigation Linked to Jeffrey Epstein

India's BRICS strategy tested with Xi, Putin set to visit

For publishers & authors: turn interviews into manuscripts

‘Don’t wait’: New Yorkers born on Sept. 11, 2001, have learned extra special life lessons

GOP congressman picks up 20 union nods as labor holds key in election battle for NY swing seat

Dolly Parton’s sister puts country stars on blast for not sending condolences after singer’s death

LAPD, LASD increase patrols as Jewish holidays begin

Acting Navy secretary admits Iran ‘blew the hell’ out of Bahrain logistics hub

Iran-backed Houthis seize Yemen’s strategic port city — threatening second global shipping chokepoint

I witnessed the horror of 9/11 firsthand. Here's what I learned about God, courage and life

Communications Manager

Anthropic Says it Blocked Efforts to Use AI for Biological Weapons

Emma Bonino, leader of abortion and divorce battles that changed Italy, dies at 78