South Korea economy ‘shows signs of recovery’

South Korea’s finance minister, Choi Kyung-hwan, argues that there are signs the country’s economy is on the road to recovery, with key economic indicators rebounding and asset-market activity on the increase, Reuters reports. His comments came after a 2.5 percent month-on-month gain in industrial activity in February, reversing a 2 percent decline in January. Retail sales have also turned around from a 2.8 percent fall in January.



Categories: Asia Unhedged