25-10-2016 06:38 via news.yahoo.com

S. Korea Q3 growth slows on Samsung, Hyundai crises

A massive recall of Samsung smartphones and strikes at Hyundai Motor took a toll on South Korea's economy in the third quarter, with the slowest growth in more than a year. Asia's fourth-largest economy expanded 2.7 percent on-year in July-September -- the weakest pace since the second quarter of 2015 -- the central Bank of Korea (BOK) said Tuesday. "Growth in manufacturing slowed considerably as halted production of Samsung's Galaxy Note 7 and strikes at Hyundai Motor hit overall production, co
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