Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Dr. Kim Seiwan, Professor of Economics at the Catholic University of Korea.
Professor Kim, thanks so much for coming on today.
Stocks in the U.S. have been up and down this week. Overnight they recovered most of their losses from Tuesday. What's the story in the global markets?
The KOSPI is up today as well, breaking through the 2,point mark for the first time in three months, which is before the coronavirus situation really had its impact. What's the story there?
The producer price index for April continued to decline, carrying on from the two previous months. Explain for us why that is and what it means.
We see now that Korea's exports in the first 20 days of May were down 20 percent from the same period last year. Tell us a bit more about that and also your outlook for exports.
Yesterday, the Korea Development Institute downgraded its forecast for Korea's economic growth this year to just zero.2 percent. Hope there that it won't fall below zero. What's your view, professor?