AdvisorShares KIM Korea Equity ETF
South Korean Stock Market Surges despite Geopolitical Tensions
South Korea’s (EWY) stock market soared to a new high recently, posting large gains across the Asia-Pacific region (VPL)(EPP). In this series, we’ll discuss what we can expect from South Korea for the rest of the year.
Rising Unemployment Continues to Plague South Korea in June 2017
South Korea’s (EWY) unemployment rate rose to 3.8% in June 2017 compared to a four-month low of 3.6% in the previous month.
A Look at Consumer Confidence in South Korea in July 2017
South Korea’s (EWY) consumer confidence continued to remain steady at 111.2 in July 2017 compared to 111.1 in the previous month.
Should South Korea’s Rising Unemployment Rate Be a Concern?
South Korean economy The South Korean (EWY) (KOR) economy, an emerging market (EEM) participant, picked up the pace in 1Q17, despite geopolitical tensions. GDP growth in 1Q17 exceeded expectations, rising 0.9% quarter-over-quarter. Performance in 1Q17 was majorly driven by exports, which were supported by higher facility investments. However, the unemployment rate continues to rise, and is […]