Time now for an in-depth look at the market news on this Friday.
And for that, I'm joined on the line by Dr. Kim Sei-wan, professor of economics at Ewha Womans University.
Dr. Kim, thank you for making time today.
Thank you.
Today the finance ministry released its latest greenbook report on the economy.
It shows production and consumption continuing to rise, but exports and construction investment are still contracting. What stands out to you in this report?
Outlooks for growth in the Korean economy this year have been steadily going down. But this week, the Korea Development Institute estimated growth for next year at 2-point-3 percent, which would be an improvement. What do you think of that outlook?
President Trump says he'll hit China with big tariffs if they don't end up signing this phase one trade deal. What do you think will happen there?
Despite the uncertainty on U.S.-China trade, global stocks moved higher this week. Korean stocks too were less affected than one might've expected. The question everybody's asking how long can this go on?
The protests in Hong Kong seem to be getting ever more violent. Stocks there have taken a major hit, but the Chinese e-commerce giant Alibaba is getting ready to do a secondary listing on the Hong Kong stock exchange. What do you think that's going to do to that market?
Alright, Dr. Kim. That's where we'll have to leave it.
Thanks so much for sharing your insights.
We appreciate it.
And for that, I'm joined on the line by Dr. Kim Sei-wan, professor of economics at Ewha Womans University.
Dr. Kim, thank you for making time today.
Thank you.
Today the finance ministry released its latest greenbook report on the economy.
It shows production and consumption continuing to rise, but exports and construction investment are still contracting. What stands out to you in this report?
Outlooks for growth in the Korean economy this year have been steadily going down. But this week, the Korea Development Institute estimated growth for next year at 2-point-3 percent, which would be an improvement. What do you think of that outlook?
President Trump says he'll hit China with big tariffs if they don't end up signing this phase one trade deal. What do you think will happen there?
Despite the uncertainty on U.S.-China trade, global stocks moved higher this week. Korean stocks too were less affected than one might've expected. The question everybody's asking how long can this go on?
The protests in Hong Kong seem to be getting ever more violent. Stocks there have taken a major hit, but the Chinese e-commerce giant Alibaba is getting ready to do a secondary listing on the Hong Kong stock exchange. What do you think that's going to do to that market?
Alright, Dr. Kim. That's where we'll have to leave it.
Thanks so much for sharing your insights.
We appreciate it.
Category
🗞
News