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Korea’s Economy Rebounds From MERS Outbreak as Shoppers Return
©2015 Bloomberg News NWN9IJ6K50YL (Bloomberg) — South Korea’s economy rebounded in the third quarter as an outbreak of the Middle East Respiratory Syndrome receded and consumers ventured back to the shops, offsetting weakness in sales abroad. Gross domestic product expanded 1.2 percent from the three months through June, when it grew
Oil Trades Near $45 a Barrel as Surplus Seen Lasting Into 2016
©2015 Bloomberg News Grant Smith (Bloomberg) — Oil traded near $45 a barrel in New York as a further pullback in U.S. drilling failed to temper expectations that the global oversupply will persist for most of next year. West Texas Intermediate futures were little changed after declining 2.8 percent Friday
