Latest Business Sentiment News & Updates

South Korea’s Business Sentiment Turns Positive for March After Four Years

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Seoul, Feb 24 (IANS) South Korea’s business sentiment turned positive for March, marking the first rebound in four years, due to the country’s robust exports of chips and automobiles, a poll showed on Tuesday.The business survey index (BSI) of the country’s top 600 companies by sales stood at 102.7 for next month, according to the monthly poll by the Federation of Korean Industries (FKI), reports Yonhap news agency.A reading below 100 means pessimists outnumber optimists, while a figure above th…

Business Sentiment in South Korea Dips in January Despite Strong Exports

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Seoul, Jan 27 (IANS) Business sentiment in South Korea fell slightly in January, despite strong exports, due mainly to worsening sentiment in the non-manufacturing sector following the dissipation of year-end base effects, a central bank survey showed on Tuesday.The Composite Business Sentiment Index (CBSI) for all industries stood at 94 this month, down 0.2 point from December, according to the survey conducted by the Bank of Korea (BOK), reports Yonhap news agency.The index had risen for two c…