-+ 0.00%
-+ 0.00%
-+ 0.00%
According to data released by the Bank of Korea on Wednesday, idle capital held by South Korean companies reached a record high in the second quarter, boosted by improving semiconductor exports and corporate profits. According to data from the Bank of Korea, as of the end of June, the net financial capital of non-financial companies reached 67.1 trillion won, a sharp increase from 20.8 trillion won three months ago. This is the highest value in a single quarter since the Bank of Korea began counting this indicator in 2009.
Share
Listen to the news
According to data released by the Bank of Korea on Wednesday, idle capital held by South Korean companies reached a record high in the second quarter, boosted by improving semiconductor exports and corporate profits. According to data from the Bank of Korea, as of the end of June, the net financial capital of non-financial companies reached 67.1 trillion won, a sharp increase from 20.8 trillion won three months ago. This is the highest value in a single quarter since the Bank of Korea began counting this indicator in 2009.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending