7/25/2013

Even though continued U.S. recovery should help, South Korea's economy still faces a perilous second half of the year during which the government should be alert to react as needed, Finance Minister Hyun Oh-seok advises in a report. "The tapering of the U.S. monetary stimulus could increase uncertainties not only for the Korean financial markets but for the real economy in the second half of this year," the report says.

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