The Zhitong Finance App learned that South Korea's exports continued to grow rapidly in September, and global demand for artificial intelligence continued to drive semiconductor shipments, strengthening the market's expectations that this trade-dependent economy can withstand higher interest rates. According to data released by the Korea Customs Service on Thursday, exports increased 104.9% year over year after adjusting for differences in working days. The export volume reached US$120.9 billion, a record high. Previously, shipments in the first 20 days of this month had already risen to a record high for the same period.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that South Korea's exports continued to grow rapidly in September, and global demand for artificial intelligence continued to drive semiconductor shipments, strengthening the market's expectations that this trade-dependent economy can withstand higher interest rates. According to data released by the Korea Customs Service on Thursday, exports increased 104.9% year over year after adjusting for differences in working days. The export volume reached US$120.9 billion, a record high. Previously, shipments in the first 20 days of this month had already risen to a record high for the same period.