Sunday, 01 July 2007

South Korea's Export Growth Accelerates, Economy May Be Picking Up Pace

(Bloomberg) -- South Korea's export growth
accelerated and the nation's finance minister said improving
overseas sales will help drive a faster expansion of Asia's
third-largest economy in the next six months.

Exports climbed 15.9 percent in June from a year earlier
after rising a revised 11.4 percent in May, the commerce
ministry said in Gwacheon. That beat the 12 percent median
estimate in a Bloomberg News survey of 11 economists.


Read more at Bloomberg Emerging Markets News

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