S.Korea exports snap year-long downturn, recovery in China demand slow


Source: reuters.com reuters.com

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A truck transports containers at Hanjin Shipping's container terminal at the Busan New Port in Busan, about 420 km (261 miles) southeast of Seoul August 8, 2013. REUTERS/Lee Jae-Won Acquire Licensing Rights SEOUL, Nov 1 (Reuters) - South Korea's exports in October rose in annual terms for the first time in 13 months, as shipments to the United States were robust while the weakness in China demand eased slowly. Overseas sales last month by Asia's fourth-largest economy rose 5.1% year-on-year to $55.09 billion, trade data showed on Wednesday. That, however, was weaker than a median 5.5% gain tipped in a...