Chip boom turns Korea’s business sentiment positive after four-year slump

South Korea’s business sentiment turned positive for the first time in four years for the March period, buoyed by robust semiconductor and automobile exports, signaling that corporate confidence may be broadly recovering after a prolonged slump. The Federation of Korean Industries said Tuesday its business survey index, or BSI, a monthly poll of the country’s top 600 companies by sales, rose to 102.7 for next month. It marked a notable turnaround, as the index had remained below the threshold fo

By The Korea Herald