South Korea

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

The Asia-Pacific region will face some stern tests in 2008-10. While we believe that the rise of Asia arguably represents the most significant shift in wealth in five hundred years... 2008-10-31

The won rose sharply against the US$ today on the back of a US$30bn swap agreement with the USFederal Reserve and an encouraging trade account reading for September. We see potential... 2008-10-30

There is no need to remind regular readers of our long-held bearish stance towards EM stocks. Late last year, we saw little to like about this asset class on our fundamental belief... 2008-10-23

BMI View: We remain hesitant that the government's emergency plan can restore investor confidence in the South Korean economy, and banking sector in particular, in the short term... 2008-10-20

BMI View: We remain bearish the Korean won, believing that the unit will touch new lows in spite of the emergency package flagged by the South Korean government today. However, having... 2008-10-17