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Choonsik Yoo

South Korea's first quarter GDP revised down, adds pressure for rate cut

04 Jun 2019

SEOUL South Korea's economy shrank more than initially estimated in the first quarter while core inflation slowed to a near 20-year low in May, data showed on Tuesday, adding to the case for the central bank to cut interest rates.

Asian business sentiment lingers near three-year low as trade war drags: Thomson Reuters/INSEAD

20 Mar 2019

SEOUL Confidence among Asian companies held near three-year lows in the first quarter as a U.S.-China trade dispute dragged on, pulling down a global economy that is already on a downward path, a Thomson Reuters/INSEAD survey found.

South Korea's December exports in surprise fall as global economy cools amid China-U.S. dispute

01 Jan 2019

SEOUL South Korean exports fell slightly in December from a year earlier, official data showed on Tuesday, missing even the most pessimistic forecast from a Reuters survey and providing fresh evidence of a cooling global economy.

UPDATE 1-S.Korea Dec exports in surprise fall as global economy cools amid China-U.S. dispute

01 Jan 2019

SEOUL, Jan 1 South Korean exports fell slightly in December from a year earlier, official data showed on Tuesday, missing even the most pessimistic forecast from a Reuters survey and providing fresh evidence of a cooling global economy.

S.Korea Dec exports in surprise fall as global economy cools amid China-U.S. dispute

01 Jan 2019

SEOUL, Jan 1 South Korean exports fell slightly in December from a year earlier, official data showed on Tuesday, missing even the most pessimistic forecast from a Reuters survey and providing fresh evidence of a cooling global economy.

South Korea December exports seen rising only slowly year-on-year amid China-U.S. dispute: Reuters poll

26 Dec 2018

SEOUL South Korean exports in December are likely to increase less than in the previous month due to cooling demand from major economies led by China, a Reuters survey found on Wednesday.

UPDATE 2-S.Korea's policy chiefs see high economic uncertainty

19 Dec 2018

* Bond yields drop on diminished views over rate hike in 2019 (Updates after finance minister-central bank chief meeting)

South Korea cuts growth outlook, but sticks to equitable economy goal

17 Dec 2018

SEOUL South Korea cut its 2018-2019 economic growth outlook to the lowest in six years on Monday, with the economy hurt by weak investment and global trade disputes, but it pledged to ensure that the benefits of growth are distributed more equally.

South Korea November exports grow less than expected as Trump-Xi summit eyed

01 Dec 2018

SEOUL - South Korean exports sustained growth in annual terms in November but missed expectations, official data showed on Saturday, as the first drop in shipments to China in over two years underlined cooling global demand.

Bank of Korea lifts rates as expected, seen on hold in 2019

30 Nov 2018

SEOUL South Korea's central bank raised its policy interest rate on Friday for the first time in a year in a widely expected move aimed mainly at containing a boom in parts of the country's property market.

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