South Korea

The National Assembly in late July set up a bipartisan advisory group on amending the constitution. Among possible changes are allowing the president a second term, a switch to a... 2008-08-05

BMI View: We have revised down our GDP growth forecast for 2008 from 4.7% to 4.2% as domestic demand continues to drag. A prolonged weakness in private consumption and corporate investment... 2008-07-25

BMI View: Despite posting a robust Q208 figure, we continue to see increasing risks to the South Korean growth as weakening domestic demand has made the economy ever more reliant... 2008-07-25

BMI View: We believe the Bank of Korea will be forced to raise the base rate by 25bps at its next meeting in August in order to stem inflationary pressure and give support to the... 2008-07-10

BMI View: With both headline and core inflation increasing rapidly and real inflation rates now in negative territory, we believe the Bank of Korea will have little option than to... 2008-07-01

BMI View: We maintain our above-consensus 4.7% GDP growth forecast for 2008 in spite of the growing macroeconomic woes in the form of decade-high inflation and continued pressure... 2008-07-01

BMI View: Pyongyang's long-awaited nuclear declaration, submitted on June 26, effectively lets the regime off the hook on a number of sensitive issues. Most significantly, North Korea... 2008-06-27

Street protests against the resumption of beef imports from the US turned violent over the weekend of June 28 and 29, underlining the growing tensions within South Korean politics... 2008-06-01

BMI View: We see mounting threats to macroeconomic stability as concerns about FX borrowing could spur a further sell-off of the won, which would only exacerbate the current inflationary... 2008-05-30

The National Assembly held a parliamentary hearing on May 12-13 to discuss the so-called KORUS free trade agreement (FTA) with the US, of which President Lee Myung-bak is seeking... 2008-05-13