South Korea's Economy Grows at Fastest Pace in 18 Months as Exports Surge

(Bloomberg) -- South Korea's economy grew at the
fastest pace in 1 1/2 years in the second quarter, spurred by
exports of LG Electronics Inc. mobile phones and Samsung Heavy
Industries Co. ships.

Asia's third-largest economy expanded 1.7 percent from the
first quarter, the Bank of Korea said in Seoul today, above the
1.3 percent median estimate of 11 economists in a Bloomberg News
survey. From a year earlier, the economy swelled 4.9 percent.


Read more at Bloomberg Bonds News