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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: S.Korea Q1 exports outlook plummets - association Reuters - Friday, December 26 SEOUL, Dec 26 - An index measuring how South Korean exporters assess their business prospects for the coming quarter plunged to the lowest since such data was first introduced six years ago, a local trade research institute showed on Friday. The Institute for International Trade, run by the country's influential Korea International Trade Association, said in a statement its export business survey index for the first quarter of next year fell to 33.4 from 82.8 for the current quarter. It was the lowest level since the institute started releasing the data in the third quarter of 2002, an official at the institute said. It also marked the third consecutive quarter that the index fell from the preceding quarter. A reading below 100 means the number of companies expecting export sales in the coming quarter to drop from the current quarter outpaced those foreseeing an improvement. South Korean exports in November fell a revised 19 percent from a year earlier, much worse than forecasts, adding to worries a global economic slowdown is denting the country's sales abroad. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business SKorean Constitutional Court endorses US beef importsAFP - 8 minutes ago Wockhardt seeks shareholder nod to raise 5 bln rupeesReuters - 14 minutes ago Sinopec finishes building Zhenhai commercial storageReuters - 16 minutes ago GLOBAL MARKETS-Nikkei hits 6-wk high as risk appetite improvesReuters - 18 minutes ago Turkey's Grundig says signs TV deal with SonyReuters - 19 minutes ago Most Popular – Business Viewed US sees no holiday cheer; Russia, China warn of grim 2009 Actress Jennifer Aniston appears naked in GQ magazine Australian 'mummy smuggler' arrested in Cairo Guinea PM turns himself in at military camp Weather outside frightful for US, Canada travelers View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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