South Korea exports plunge 10.9% in May

South Korea's exports suffered their biggest slump in nearly six years in May, hit by a strong won and falling oil prices, and fuelling concerns about a recovery for the export-driven national economy. Imports were also sharply down, plunging 15.3 percent to $36.1 billion, largely thanks to weaker oil prices. The Trade Ministry also pointed to the strength of the Korean won, which at one point in May hit a seven-year high against the yen, while in April it touched a nine-year high against t