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Economy

Positive economic progress — falling poverty rates, growing opportunity, and policies improving lives at scale.

Wide view of container ships and cargo cranes at a busy port terminal under a cloudy sky

Economy

South Korea Exports Surge 68.7% as Chip Demand Extends Growth Streak to 15 Months

Fueled by AI-driven demand for memory chips, South Korea posted its 15th consecutive month of export growth in August, with shipments up 68.7% to a record $98.25 billion.