Xinhua world economic news summary at 0830 GMT, Sept. 4

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SEOUL -- South Korean banks' capital adequacy ratio edged up in the second quarter, owing to a faster increase in capital than risk-weighted assets, financial watchdog data showed Monday.

The total capital ratio for 28 banks, bank holding companies, and internet-only banks under the Bank for International Settlements framework averaged 15.62 percent at the end of June, up 0.01 percentage point from three months earlier, according to the Financial Supervisory Service. (S. Korea-Banks' Capital Adequacy)

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WELLINGTON -- New Zealand's trade surplus with China was 2 billion NZ dollars (1.19 billion U.S. dollars) in the June 2023 quarter, according to the statistics department Stats NZ on Monday.

Total goods and services exports to China were valued at 5.8 billion NZ dollars (3.45 billion dollars) in the June 2023 quarter, with imports valued at 3.8 billion NZ dollars (2.26 billion dollars), Stats NZ said. (New Zealand-China-Trade Surplus)

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TRIPOLI -- The Libyan state-owned National Oil Corporation (NOC) on Sunday said that the country's daily oil production is currently 1.204 million barrels.

The NOC published the number in a statement on its official Facebook page, saying Libya's daily oil production is currently 1.204 million barrels, while the daily production of condensates is 50,000 barrels. (Libya-Oil production) Enditem

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