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Stock impact report

S.Korea likely posted biggest annual growth since 2010 in Q2; COVID-19 clouds outlook [Financial Post (Toronto, Ontario, Canada)]

Shinhan Financial Group Co Ltd American Depositary Shares (SHG) 
US:NYSE Investor Relations: shinhangroup.co.kr/en/invest/main.jsp
Company Research Source: Financial Post
year-on-year growth in a decade, as export demand and investments continued to support Asia's fourth largest economy. While quarterly growth is seen slowing from a solid rise in the first three months of the year, according to a Reuters poll, the economy is expected to have posted the biggest year-on-year growth since the fourth quarter of 2010. 19 best online deals in the Canadian retail space right now Advertisement Gross domestic product (GDP) likely expanded 6.0% from a year ago in the second quarter, according to a median forecast of 20 economists in the poll, up sharply from 1.9% growth in the first quarter. Advertisement Article content While analysts say the introduction of tough coronavirus restrictions in mid-July likely hit third-quarter growth, economists in a separate Reuters poll still expected South Korea to post the fastest full-year growth this year in over a decade. “Improvement in private consumption on relaxed coronavirus-related distancing measures Show less Read more
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