Kwanwoo Jun

Journalist. Covering Korean economy @WSJ.

[Kwanwoo Jun @Kwanwoo]

@ElonVisioniX 16

[Kwanwoo Jun @Kwanwoo]

https://t.co/E9h4ZNPycF

[Kwanwoo Jun @Kwanwoo]

Standing pat, it's under increasing pressure to ease policy. https://t.co/XI4WaYdaXv via @WSJ

[Kwanwoo Jun @Kwanwoo]

The slug­gish Ko­rean econ­omy is at risk of re­turn­ing to a low-growth phase again af­ter the global fi­nan­cial cri­sis a decade ago, KDI said. https://t.co/AOZL2BSY6y

[Kwanwoo Jun @Kwanwoo]

Back in Limbo

[Kwanwoo Jun @Kwanwoo]

Auto makers and their suppliers have warned the tariffs would result in higher prices on vehicles, including those built in the U.S. that use parts sourced abroad. Imported parts typically make up 40% to 50% of domestic vehicle content. https://t.co/UIaLqDl00Y

[Kwanwoo Jun @Kwanwoo]

Globalized trade means the U.S.-China spat is dealing a blow to global economic growth https://t.co/k60KKveCBk

[Kwanwoo Jun @Kwanwoo]

...major economies test a key threshold: A pay floor above 60% of their median wage levels. If the wage is set much above that threshold, it could reduce the incentives of firms to hire low-wage workers and lead them to automate work instead... https://t.co/K5lHTMzPit

[Kwanwoo Jun @Kwanwoo]

Imminent cut not on the cards

[Kwanwoo Jun @Kwanwoo]

South Korea inflation picks up in April; still well below target https://t.co/Z812HOakn5 via @WSJ

[WSJ Central Banks @WSJCentralBanks]

The U.S. economy expanded at a strong pace in the first quarter, driven by higher exports and inventory investment that helped offset an underlying moderation in consumer and business demand. GDP rose at an annual rate of 3.2%. https://t.co/jqUhqFWc0X

[Kwanwoo Jun @Kwanwoo]

Don’t be overly pessimistic.

[Kwanwoo Jun @Kwanwoo]

Few economists had forecast a retreat...The weak quarterly performance was blamed on shrinking investment in construction and production facilities and sluggish exports. Government and private spending managed to rise at a much slower pace. https://t.co/vF8NFvSMcp via @WSJ

[Kwanwoo Jun @Kwanwoo]

South Korea’s economy—Asia’s fourth largest—is losing steam, with growth slowing to a six-year low of 2.7% last year following 3.1% growth in 2017. The central bank last week cut its growth forecast to 2.5% this year. https://t.co/AyHDhzMa5p via @WSJ

[Kwanwoo Jun @Kwanwoo]

Sharply

[Kwanwoo Jun @Kwanwoo]

Oil prices surge to six-month high as Trump ends waivers for Iran’s crude https://t.co/9sdOrp4wvh

[Kwanwoo Jun @Kwanwoo]

The neutral policy stance reflects the mixed bag of economic indicators recently: Growth remains anemic...but job markets and business sentiment show signs of improvement as the government ramps up spending. https://t.co/UOXhMOI8AQ via @WSJ

[Kwanwoo Jun @Kwanwoo]

South Korea’s Asiana Airlines plans to sell stake to appease creditors https://t.co/BhqcudC15b via @WSJ

[Kwanwoo Jun @Kwanwoo]

IMF still sees Korea grow 2.6%

[Kwanwoo Jun @Kwanwoo]

The IMF has cut its global growth outlook for 2019 to 3.3%, from 3.5% in January https://t.co/h6OBbKIcro via @WSJ