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Choonsik Yoo

South Korea's Moon replaces economic policy aides as trade war bites

Jun 20 2019

SEOUL South Korean President Moon Jae-in sacked both of his top economic policy aides on Friday as Asia's fourth-largest economy cools sharply due to prolonged Sino-U.S. trade frictions.

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

Jun 03 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

Mar 19 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

Dec 31 2018

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

Dec 31 2018

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

Dec 31 2018

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

Dec 26 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

Dec 19 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

Dec 16 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

Nov 30 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.

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