South Korea Announces Fresh Stimulus Measures

http://www.bbc.com/news/business-35480255

The stimulus package will include an extra 6tn Korean won ($4.94bn; £3.42bn) in public spending.
It will also include an extension of existing tax cuts on cars.
Overall, the package will see an additional 21tn won of spending in the first quarter, the Yonhap news agency said.
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Disappointing trade numbers released on Monday showed exports contracted 18.5% in January from a year earlier.
It marked the 13th month in a row the nation’s exports had fallen and was the worst result for exports since mid 2009.