South Korea exports seen rebounding in H2

SEOUL:South Korea’s exports may rebound in the second half of the year from a falling streak that has lasted more than a year, thanks to recoveries in advanced economies and rising global oil prices, a trade group report said.

Exports from July to December are likely to grow 0.9% from a year earlier, the research arm of the Korea International Trade Association (KITA) said in a mid-year report, compared with an estimated 10.1% drop for the first half of the year.