SEOUL, June 7 (Korea Bizwire) — Business lobby groups in 18 countries forecast the global economy to contract 4 percent this year due to the impact of the new coronavirus outbreak, a South Korean industry association said Sunday. The 4 percent negative growth outlook is worse than the International Monetary Fund’s forecast of a 3 [...]
SEOUL, Aug. 21 (Korea Bizwire) – “Provided the current situation remains the same going forward, [industries] excepting a few such as semiconductors, general machinery and weapons manufacturing will lose market share. In particular, the automotive, shipbuilding, petrochemical, textiles, home appliances, and communications devices industries will see their respective global market share drop in 2025 compared [...]
TORONTO, ONTARIO and CHICAGO, ILLINOIS and LONDON, UNITED KINGDOM and HONG KONG, CHINA, Dec. 8 (Korea Bizwire) – BMO Global Asset Management today released its annual Five-Year Outlook report, which examines the long-term impact of several themes shaping the global economy and markets. It considers a number of likely scenarios and the investment opportunities they [...]
TORONTO, ONTARIO, Mar. 17 (Korea Bizwire) – BMO Global Asset Management today released its third annual Five-Year Outlook report, which examines long-term trends expected to dominate the global economy and markets over the next three to five years. The report helps guide many of the firm’s investing strategies and active allocation decisions. “Our report captures [...]
SEJONG, Jun. 4 (Korea Bizwire) — The South Korean economy remains weak overall as a slump in exports weighs down on its growth, a state-run think tank said Thursday. In its latest report on the economy, the Korea Development Institute (KDI) said private consumption has improved at a moderate pace, but a drop in outbound [...]