Thursday, 23 July 2026 · World
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EUROS The World Financial Report
Nº 12 Thursday, 23 July 2026 · World Edition
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Asia

South Korea GDP expands above estimates in Q2, lifted by semiconductor boom; KOSPI index rallies 3%

mint - markets · 2h ago · 🇮🇳 India
South Korea GDP expands above estimates in Q2, lifted by semiconductor boom; KOSPI index rallies 3%

South Korea's economy grew by 0.6% in Q2, exceeding expectations, mainly due to strong semiconductor exports. Annual GDP growth reached 3.7%, prompting forecasts of further interest rate hikes amid persistent inflation. Positive market reactions were seen, particularly in technology stocks.

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