South Korea exports fall for 8th straight month as chip slump continues

SEOUL — South Korea’s exports fell for an eighth straight month in May in annual terms, although less than expected, amid persistent weakness in demand for semiconductors. Overseas sales by Asia’s fourth-largest economy fell 15.2% year-on-year to $52.24 billion in May, the trade ministry data showed, compared with a drop of 14.3% in April and […]