South Korea to unveil stimulus plan as exports sag

South Korea's finance minister on Tuesday flagged a new government stimulus plan to help offset an extended export slump that is threatening growth in Asia's fourth-largest economy. The stimulus package for the first quarter will be unveiled on Wednesday, Yoo Il-Ho told a business forum in Seoul. Last year, the South's economy grew at its slowest pace since 2012 as exports -- which account for about a half of GDP -- faltered in the face of a global slowdown and rock-bottom oil prices.