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Japan, S. Arabia agreed to launch energy security task force

Asia

Japan, S. Arabia agreed to launch energy security task force

08:49, 8 May 2026

The country’s current account surplus reached 37.33 billion US dollars, surpassing the previous monthly record set in February. South Korea has now maintained a current account surplus for 35 consecutive months, marking one of the longest streaks in its history. Exports rose sharply in March, driven largely by the technology sector. Semiconductor shipments and computer-related products saw especially strong growth, helping push overall exports to a record high. Imports also increased, though at a slower pace, resulting in a significant trade surplus. BOK officials said geopolitical tensions in the Middle East, including the U.S.-Iran conflict, had little effect on trade during March. However, they noted that future developments in the region and the pace of chip exports will remain important factors for the economy in the coming months. South Korea also posted its first travel account surplus in more than 11 years, boosted by a surge in foreign tourists attending BTS comeback concerts in Seoul and Goyang. More than 2 million foreign visitors traveled to the country in March, reflecting growing tourism demand fueled by K-pop and cultural events. Meanwhile, the country’s financial account showed a strong rise in net assets, with overseas investments by South Korean residents increasing during the month. Foreign direct investment into South Korea also continued to grow despite foreign investors reducing some stock holdings.

Asia

March current account surplus hits all-time high in S. Korea

08:21, 8 May 2026

Secretary-General, UN, United Nations, politics

Analytics

Who will lead the UN next and will it matter?

08:00, 8 May 2026

Central Asian countries approve irrigation water supply schedules ahead of summer season

Central Asia

Central Asian countries approve irrigation water supply schedules ahead of summer season

07:46, 8 May 2026

Weather

Kazakhstan weather forecast for May 8

07:19, 8 May 2026

Defender of the Fatherland Day and Victory Day celebrated in Washington

International Relations

Defender of Fatherland Day and Victory Day celebrated in Washington

06:16, 8 May 2026

Remains of Buddhist temple found in Kyrgyzstan

Central Asia

Remains of Buddhist temple found in Kyrgyzstan

05:30, 8 May 2026

ADB and Acwa sign USD116 mln deal to expand wind power in Uzbekistan

Energy

ADB and Acwa sign USD116 mln deal to expand wind power in Uzbekistan

04:19, 8 May 2026

Aluminum radiator plant opens in Karaganda region

Regions

Aluminum radiator plant opens in Karaganda region

03:41, 8 May 2026

Culture

Kazakh art exhibition opens in Baku

02:25, 8 May 2026