South Korea's economy grows 0.4%


South Korea's economy grew 0.4% in the second quarter of the year, from the previous three months.

That's a slower pace compared to a near 1% expansion in the first quarter.

South Korea's central bank recently trimmed its growth forecast for the year to 3% from 3.5%.

There are fears the economy will continue to slow, as it relies on exports for almost half of its total output.

Hank Morris from Triple A Partners told the BBC's Asia Business Report that South Korea's problems came from both domestic demand and overseas customers.

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