Amid growing uncertainties on the potential impact of corporate restructuring, South Koreas large companies projected a negative outlook on business conditions for next month.
The Federation of Korean Industries(FKI) on Monday released a survey on the nations top 600 companies in terms of sales, which estimated their business sentiment index (BSI) for June at 94-point-eight.
It is a significant decline from the 101-point-three tallied in May.
A reading below 100 indicates that pessimists outnumber optimists on future economic prospects.
The FKI attributed the pessimistic business sentiment to the chronically weak …
Read the full article at: http://world.kbs.co.kr/english/news/news_Ec_detail.htm?No=119335