Wellington, An earthquake measuring 4.8 magnitude on the Richter scale struck Tuesday the Kermadec Islands off the coast of New Zealand. The US Geological Survey (USGS) said that the earthquake occurred at a depth of 10 km. There have been no reports of human losses or material damage as a result of the earthquake so far. The Kermadec Islands are located about 1,000 km northeast of the North Island of New Zealand and are frequently subjected to strong earthquakes. Source: Qatar News Agency
South Korea’s June Current Account Surplus Reaches Record $49.73 Billion on Robust Semiconductor Exports
August 7, 2026
Seoul: South Korea recorded a record current account surplus last June, driven by strong semiconductor exports, reaching $49.73 billion and