Korea
Second rate slash looms in Korea
The expected 2Q12 GDP fall and weak inflation will allow the Bank of Korea to cut rates further below the 3% mark.
Second rate slash looms in Korea
The expected 2Q12 GDP fall and weak inflation will allow the Bank of Korea to cut rates further below the 3% mark.
Korea surprisingly slashes policy rate by 25bps
GDP is then expected to remain weak in 2H12 at 3.5%.
South Korea’s unemployment rate steady at 3.2%
The latest figure is the second lowest since early 2008.
Korea 2Q12 net profit to sink 17% lower than expected
Telecom, industrial and basic material sectors are foreseen to perform badly in 2Q12, Nomura said.
Slowdown not changing Korea's policy
The Bank of Korea, says DBS, would prefer to monitor the latest development in global economy before making any key adjustments to domestic policy.
Korea to suffer weak growth starting 2H12
Will the USD7.4bn worth of stimulus measures boost the economy against looming low rates?
Korea proposes W8.5 trillion to stimulate fiscal spending
Should Korea make a move to cut interest rates too?
Bank of Korea not following suit?
BOK is not expected to follow the ECB and the PBOC to cut rates this week, says DBS.
Korea GDP recovery to remain busted in 2H12
A mild recovery of an average 3.5% in 2H12 still remains below the 10Y trend growth of 4.1%.
Korea inflation 'on a clear downtrend'
DBS says headline CPI has dropped to 2.2% YoY in June, the lowest so far this year.
Korea's industrial production slips to 0.3%
New orders, sales, production and operation ratio have also deteriorated.
Exports drop in Korea
DBS says exports have fallen in month-on-month terms in April-May, reflecting the deterioration in global demand amid the worsening of European debt crisis.
Korea's inflation slowdown provides breather for BOK
The Bank of Korea, though taking a wait-and-see approach, is given leeway to ease monetary policy to support growth.
Borrowings by self-employed Koreans could threaten bank stability
More Koreans are loaning to pay for their living expenses, with the self-employed incurring much higher debt than households in general.
Korea's fastest aging population is a growth buster
Potential growth will decline to 2.5% by 2050 as the country faces a contracting working-age population beginning 2016.
Rising Korean household debt could stymie growth
Household debt has climbed to 164% of disposable income and is at a higher level than when the US was entering its subprime crisis.
Korea's department stores suffer biggest decline in 3 years
Store sales fell by 3.4% as both luxury goods and discount products experience a drop in consumer purchases, by 5.9% and 2.4% respectively.
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