S.Korea firms turn cautious about outlook -survey


SEOUL, March 25 (Reuters) - Major South Korean companies have turned cautious about their business conditions, with a monthly outlook index retreating from a near 8-year high, data from a top business lobby group showed on Thursday. The business survey index, compiled by the Federation of Korean Industries (FKI), declined to a seasonally adjusted 110.0 for April from a revised 114.6 for March that was the highest reading since late 2002. But the figure stayed above 100 for a 10th ...

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