Feeling the slowdown in the world around it is Korea, it's manufacturing PMI slumping to 49.4 in...


Feeling the slowdown in the world around it is Korea, it's manufacturing PMI slumping to 49.4 in June from 51 previously. It's the first sub-50 read in 5 months. "Should the slowdown in demand for Korean goods be sustained, manufacturing employment may start to contract," says HSBC. The Kospi fails to benefit from the big Friday rally, finishing flat.

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