South Korean business confidence at lowest ebb in nearly 4 years

11/28/2012 | Korea Herald (Seoul), The

Record household debt domestically and the twin overseas worries posed by a U.S. budget deadline and the eurozone crisis contributed to a decline in South Korean business confidence to a nearly four-year low. The Federation of Korean Industries' business index for December fell to 82, the lowest reading since the 76.1 registered for March 2009.

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Korea Herald (Seoul), The

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