Business sentiment sours in South Korea

04/29/2013 | (South Korea)

External factors including China's slower growth and a falling yen helped push down the business outlook in South Korea, with the Federation of Korean Industries' index easing to 99.8 for the month ahead. The FKI also cited disappointment with the government's stimulus package, which allocated less than 3 trillion won for economic stimulus. "We need more aggressive measures," an FKI official said.

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