S.Korea’s Yoon calls strategy meeting to boost chip, battery sectors

News Snapshot:

SEOUL, April 10 (Reuters) - South Korean President Yoon Suk Yeol ordered on Monday a national strategy meeting to boost the competitiveness of the country's rechargeable battery and semiconductor sectors, a presidential spokesperson said. The spokesperson did not provide further details, but the comment came a day before the country's central bank is widely expected to leave the interest rates steady for a second consecutive meeting on Tuesday to support the slowing economy. South Korea's economy, heavily dependent on trade and chip exports, has been decelerating in the face of a weakening global economy and still-sluggish demand from neighbouring China....