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Korea’s surplus tops Germany and Japan combined
Korea posted the world’s second-largest current account surplus in the second quarter, as soaring semiconductor exports pushed its surplus above the combined totals of Germany and Japan.
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Large businesses prosper, new and smaller ones falter as Korea's corporate recovery splits in two
The average operating profit margin of 982,767 nonfinancial, for-profit companies climbed to 5.2 percent last year from 4.6 percent a year earlier, but these gains were not evenly shared between large corporations and smaller businesses.
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Home purchases by minors nearly double in first 8 months of year
Minors bought 66 homes through August, with more than half of the 23.1 billion won ($16.3 million) total reported as their own funds.
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Building a coalition
Union members gathered in central Seoul to demand collective bargaining agreements with prime contractors.