South Korea

Pressure is now mounting on President Lee Myung-bak to discharge Finance Minister Kang Man-soo on the back of doubts about his capability to steer South Korea through the current... 2008-10-30

BMI View: We have further revised down our GDP growth forecast for 2008 from 4.2% to 3.5%, as strained credit conditions continue to put Korean banks and corporates in a bind. We... 2008-10-28

BMI View: As North Korea marks the 60th anniversary of its establishment on September 9 2008, we outline five scenarios for political change.

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