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ECONOMY

Korea sees July boost in consumption, production and investment

South Korea’s economy showed signs of resilience in July, with consumption, industrial output and investment all increasing—the so-called “triple growth.” According to Statistics Korea on Friday, overall industrial production rose 0.3 percent from the previous month, marking a second straight month of gains after turning positive in June. Output in semicond..

Global stock markets shaken by recession fears
AsiaToday reporter Lee Choong-jaeThe U.S. recession fears triggered by deteriorating manufacturing outlook and rising unemployment is shaking global financ..

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