News Snapshot:
Asia's fourth-largest economy grew a seasonally adjusted 1.9 percent in the September quarter from the June quarter, the Bank of Korea said on Tuesday, logging its fastest expansion since the first quarter of 2010. That reverses a 3.2 percent decline in the second quarter, which was the sharpest since 2008, and beats a Reuters poll forecast of a 1.7 percent expansion. The 1.9 percent increase reverses a 3.2 percent decline in the second quarter, which was the sharpest since 2008 Alex Holmes, an economist at Capital Economics, forecast a 1percent contraction in GDP this year, noting ongoing risks from the...
