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S. KOREA'S LARGE FIRMS ROSIER ABOUT NOVEMBER BIZ CONDITIONS.
SEOUL, Nov 1 Asia Pulse - South Korea's large companies are a little more optimistic about business conditions in November, the nation's top business lobby said Wednesday.
The monthly business survey index, a key indicator for corporate business confidence, was at 104.3 in November, up from 103.5 in October, the Federation of Korean Industries said in a statement.
The index remained above 100 for the third straight month since September, when it stood at 107.7.
A reading above 100 means the majority of surveyed companies forecast overall business conditions to improve in the coming month.
"Despite concerns about economic contraction in the wake of nuclear tension with North Korea, major companies expect business conditions to slightly improve, helped by stabilizing oil ...
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Source: HighBeam Research, S. KOREA'S LARGE FIRMS ROSIER ABOUT NOVEMBER BIZ CONDITIONS.