South Korea economy flashes signs of revival


Improving sentiment: A file picture showing traffic moving along a road as residential houses stand in the background in Seoul. After months of gloom, recent data is hinting that the 1.4 trillion economy may be turning a corner. – Bloomberg

HONG KONG: South Korea may be turning a corner.

After months of gloom, recent data is hinting that the US$1.4 trillion economy is beginning to emerge from a slump brought on by China's slowest growth in 25 years and the outbreak of Middle East Respiratory Syndrome, or MERS, in May.

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