S. Korean manufacturers' biz sentiment for Feb. hits 4-month high

South Korean manufacturers' business confidence for February rose to the highest level in four months, underscoring optimism that the incoming government will unveil economic stimulus steps, the central bank said Tuesday.

The index of manufacturers' outlook on business conditions came in at 72 for February, up from 70 tallied for January, according to a monthly survey by the Bank of Korea (BOK). The index measures manufacturers' expectations for the coming month.