South Korea fin min says economic recovery weaker than thought

SEOUL: South Korea's finance minister said on Wednesday the economy is recovering at a slightly weaker pace than previously thought, and reiterated his concerns about the impact on the nation's exporters from a weak yen.

Finance Minister Choi Kyung-hwan made the remarks during a forum hosted by a group of lawmakers.

South Korea is worried that the yen's tumble over the past two years would give Japanese exporters an upper hand over their South Korean rivals.