Park Seo Young is paying less to fill her car with imported gasoline thanks to South Korea’s world- beating won, leaving more cash to spend on her family.
South Korea’s economy probably accelerated in the first quarter as rising global demand boosted sales at the nation’s carmakers and electronics manufacturers.
South Korea’s exports unexpectedly increased in May as surging smartphone shipments and improving demand from the U.S. and China countered a decline in the yen.
South Korea’s industrial production rose at the slowest pace in 11 months in September as a holiday season shut down some of the nation’s factories.
South Korea’s exports increased for a ninth month in July as weakness in the won and the global economic recovery boosted demand for the nation’s cars, electronic goods and semiconductors.
South Korea’s exports increased for an eighth month in June as the global economic rebound spurred demand for Hyundai Motor Co. cars and Samsung Electronics Co. semiconductors.
South Korea’s economic growth exceeded economists’ estimates even as gains in the won weighed on the country’s exports.
South Korea’s inflation exceeded the central bank’s target and all forecasts in a Bloomberg News survey, limiting the scope for an interest-rate cut in January even as threats to growth mount.
South Korea’s unemployment rate climbed to a three-month high as the government wound down employment programs begun after the global crisis.
The following are the day's top business stories:
"The impact of a falling yen does not seem to have bitten the entire economy but this is clearly a major risk, along with a slow global economic recovery."
- Park Sang Hyun on May 31, 2013