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August 7, 2024

S. Korea Posts Largest Current Account Surplus in 7 Years in June

South Korea posted its largest current account surplus in about seven years in June, driven by robust exports led by semiconductors, central bank data showed Wednesday.

The country’s current account surplus reached $12.2 billion in June, marking a su…

Dollar Steady, Yen Retreats from 7-Month High

The dollar was steady on Wednesday, dragging the yen away from a seven-month peak as currency markets regained a semblance of calm in a week that began with a massive shakeout in assets driven by recession fears and unwinding of popular carry trades.

China’s Foreign Trade Up 6.2% in First 7 Months of 2024

China’s total goods imports and exports expanded 6.2% year-on-year in the first seven months of 2024 to 24.83 trillion yuan ($3.46 trillion), official data showed on Wednesday.

The country’s exports rose 6.7% year-on-year to 14.26 trillion yuan durin…

How much did Netanyahu’s trip to the United States cost?

Bethlehem Ma’an – Hebrew websites revealed that the cost of Israeli Prime Minister Benjamin Netanyahu’s last trip on board the Zionist Wing plane to the United States amounted to $520,000, or about 2 million shekels.

Channel 7 reported that Netanyahu…