global recession fears sound alarm bells in korean economy
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Global recession fears sound alarm bells in Korean economy

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Arab Today, arab today Global recession fears sound alarm bells in Korean economy

Seoul - Yonhap

Fresh concerns over a global recession are setting off alarm bells in the South Korean economy, which is heavily dependent on overseas demand and feared to miss its growth target this year, market experts said Friday. A report by Morgan Stanley on Thursday warned that global growth was slowing and that the U.S. and Europe were on the brink of plunging into a new recession, two years after the end of the last one.  

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