Looking for direction in Seoul: current account is seen as reliable indicator
Article Abstract:
South Korean stock prices are headed lower, if the country's current-account balance again proves to be a reliable indicator. Since the 1980s, trade-balance trends have predicted Korean stock market trends. The country's trade surplus peaked in late 1998 and has been declining since then, and stocks have followed suit. The consensus view is that the trade-surplus decline will continue through 2001.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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South Korea's economy continues to sputter, according to latest data
Article Abstract:
South Korea's current-account deficit during Sep. 1996, rose to $1.41 billion from $753.1 million in Sep. 1995. The widening, which amounted to $17.09 billion for Jan.-Sep. 1996, is attributed to significant growth in merchandise and non-merchandise trade deficits. Exports dropped by 5.9% to $10.09 billion from $10.72 billion and imports decreased 1% to $10.90 billion from $11.01 billion.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Japan's world trade surplus rises 5.2% as goods stalled by quake are moved
Article Abstract:
Statistics show that the Japanese world trade surplus for Feb. 1995 reached $11.46 billion, a 5.2% increase over the $10.89 billion level for the same period in 1993. Analysts attributed the increase to the renewed movement of goods which were stalled as a result of the recent earthquake in Kobe. The US-Japan trade surplus likewise went up, growing 12.9% to reach $4.89 billion.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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