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India

Choonsik Yoo

South Korea's Moon flags steps for virus-hit economy, boosting rate cut expectations

18 Feb 2020

SEOUL South Korea President Moon Jae-in said on Tuesday the government should make an all-out effort to cushion the economic impact from China's coronavirus outbreak, boosting expectations of further monetary easing.

South Korea's Moon flags steps for virus-hit economy, boosting rate cut expectations

18 Feb 2020

SEOUL South Korea President Moon Jae-in said on Tuesday the government should make an all-out effort to cushion the economic impact from China's coronavrius outbreak, boosting expectations of further monetary easing.

South Korea Dec. exports top forecasts as China demand, chip prices recover

01 Jan 2020

SEOUL South Korean exports fell in December year-on-year but less than expected, which along with a turn to growth in shipments to China and a slowing pace of decline in chip sales added to optimism for global trade.

UPDATE 2-S.Korea steps up housing regulations to curb price surge

16 Dec 2019

SEOUL, Dec 16 South Korea on Monday announced new property market regulations, including tighter mortgage rules, to curb surging home prices, as presidential Blue House urged its senior officials to sell extra property they own to take the lead in calming the market.

South Korea November exports plunge as China-U.S. deal still in dark

01 Dec 2019

SEOUL South Korean exports in November fell for the 12th month in a row and far more than expected, denting hopes for the global manufacturing sector stabilising as a much-awaited China-U.S. trade deal is still in darkness.

Bank of Korea holds fire but dim economic view cements bets for more rate cuts

29 Nov 2019

SEOUL South Korea's central bank left interest rates steady on Friday even as it trimmed growth and inflation projections, underlining a cautious view on the economy in the face of global risks and cementing market bets for more policy easing next year.

South Koreans fret government is throwing good money after bad

21 Nov 2019

SEOUL When Lee Gyu-il, 55, a veteran banker at South Korea's largest lender lost his job early this year, he felt he had little choice but to set up his own business, joining the ranks of a legion of older workers feeling stuck in an economic rut.

South Korea October exports fall most in 4 years but government says worst may be over

01 Nov 2019

SEOUL South Korean exports in October fell for an 11th consecutive month and by the most in nearly four years as shipments to China kept slowing and computer chip prices plunged, data showed on Friday.

South Korea's third-quarter growth slips, global risks scar exports and economic outlook

24 Oct 2019

SEOUL South Korea's economic growth slowed more than expected in the third quarter, and though exports showed some signs of recovery the overall outlook was clouded by a domestic spending slump and intensifying global trade frictions.

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