alt
Posted : 2013-04-25 09:29
Updated : 2013-04-25 09:29

S. Korea's economic growth hits 2-year high in Q1

The South Korean economy grew at its fastest quarterly pace in two years in the first quarter as exports gained ground weathering the yen's weakness to the local currency, the central bank said Thursday.

Korea's gross domestic product (GDP), the broadest measure of economic performance, grew 0.9 percent in the first quarter from three months earlier, quickening from 0.3 percent on-quarter growth in the fourth quarter of 2012, according to an advance estimate by the Bank of Korea (BOK).

The first-quarter growth marked the fastest gain since the 1.3 percent growth in the first quarter of 2011. It also surpassed the BOK's earlier projection of 0.8 percent growth.


  • 1. Beauty contestant runs off with pricy tiara
  • 2. Brazil's 'woman-town' calls for single guys
  • 3. Teen catches largemouth bass from sewer
  • 4. Short men less prone to divorce: study
  • 5. One-fifth of women 'stalk' ex-lovers on Internet: survey
  • 6. Samsung, LG ready to display future of electronics
  • 7. Woman learns that she married brother
  • 8. Korea top choice for US missile shield
  • 9. NO END IN SIGHT: Korea's household debt dilemma
  • 10. Daniel Dae Kim to remake 'Good Doctor' for CBS
Copy editors wanted
Experienced reporters wanted