10/27/2013

South Korea's economy expanded 1.1% in the third quarter from the previous period, continuing the quickest pace of gain in two years. Citing the latest data, Finance Minister Hyun Oh-seok predicted growth this year of 2.9%. "When such trend continues, [South Korea's] annual economic growth will hover far above a 2.7% rise estimated earlier this year," Hyun said.

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