South Korea

Asian equity markets are showing the potential for further upside in the near term, having begun 2009 on a stronger footing after a disastrous 2008. As such, we could see key resistance... 2009-01-05

The outlook for South Korea's important export sector continues to deteriorate, with data released on January 2 showing a 17.4% y-o-y fall in shipments (to US$27.29bn) in December.... 2009-01-02

South Korea's won bucked the weakness pervading Asian currencies on Monday, rising by 2.9% to close at a two-month high of KRW1,260.90/US$. Today's surge apparently came on the back... 2008-12-29

As expected, the government has set up a fund to recapitalise banks under pressure from deteriorating balance sheets amid rising loan default ratios and difficulties in rolling over... 2008-12-18

We maintain our view, previously out-of-consensus, that the Bank of Korea could cut rates to as low as 2.00% by mid-2009 to help avert a recession. While decade-high core inflation... 2008-12-11

The sharp drop in South Korean exports in November opens the way for continued aggressive monetary easing by the Bank of Korea (BoK). While a rate cut at the BoK's next meeting... 2008-12-01

Our sovereign risk ratings for Asia have fallen further since the August 2008 update, with most countries registering lower scores. This reflects BMI's expectations of significantly... 2008-11-21

Falling investment and retail sales figures add to the already convincing evidence of a continued slump in domestic demand depressing South Korean GDP growth. Fiscal and monetary... 2008-11-17

BMI View: We now see increasing risks for small business as Korean banks curtail their lending on the back of tighter liquidity conditions and increasing risks of defaults. We believe... 2008-11-11

The Korean government has unveiled a KRW33trn (US$25bn) stimulus package to support the economy in the wake of a slowdown in demand from overseas markets. The package includes KRW3trn... 2008-11-03