S. KOREA’S SOVEREIGN DEBT FALLS TO THE LOWEST LEVELTHIS WEEK

Highlights –

• S. Korea’s sovereign debt falls to the lowest level this week.
• The spread on credit default swaps (CDSs) for South Korea came in at 19 basis points.
• In 2020 the country's CDS premium rose to 57 basis points in l...

S. KOREAN ECONOMY IS ESTIMATED TO RANK 10TH IN THE WORLD IN 2020

Highlights –

• S. Korean economy is estimated to rank 10th in the world in 2020.
• OECD said the nominal GDP of the country was estimated at around $1.62 trillion in 2020.
• S. Korea’s nominal GDP is said to be slightly higher than th...

MAJOR FOREIGN IB’S RECALIBRATE GROWTH PROSPECTS IN KOREAN ECONOMY TURNAROUND

• Major foreign investment banks (IBs) have recalibrated their forecasts for South Korea's economic growth for 2020 on rising expectations for an economic turnaround, a report showed Friday.
• Until late October, nine principal global IBs, including Barclays and Goldman Sachs, ...