Time now for an in-depth look at the market news.
And for that, I'm joined on the line by Dr. Kim Sei-wan, professor of economics at Ewha Womans University.
Professor Kim, thank you for coming on today.
As we've mentioned, the coronavirus outbreak is spreading worldwide, but with anticipation over the development of new vaccines to cope with the epidemic, U.S. stocks saw a sharp rise on Wednesday.
Professor, Take us through the global markets today.
Now stocks in South Korea also started off with extended gains this Thursday. What exactly was the story on the Kospi and the Kosdaq?
And Dr.Kim, South Korea's current account surplus narrowed sharply in December from the previous month.
The surplus last year was the slimmest in 7 years, what do you think is the reason behind this, and what should we focus on?
Global credit ratings service provider S&P forecasts that the novel coronavirus outbreak could threaten Asia's economy. It warned that the outbreak could affect the asset integrity of Korean banks. What do you think about this, and how should we be prepared for it?
As China's commodity demand has been slowing recently, its dealing a blow to Korea's manufacturing sector. If this continues, many say the impact could spread worldwide.
How much impact will this have on the global economy?
Alright, professor Kim.
We'll have to leave it there for today.
Thanks so much for coming on and sharing your insights. We appreciate it.