Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Dr. Kim Sei-wan, professor of economics at Ewha Womans University.
Professor Kim, thanks for making time today.
With the Wuhan pneumonia situation getting worse, a lot of stock markets around the world are down for a second day in a row. Take us through the markets there and here in Korea.
Oil prices are also down to the lowest point in about seven weeks. Why is that, and if the coronavirus situation goes on, what kind of effect will that have?
A lot of attention again on what President Trump is saying at the Davos forum. He's going after Apple over the issue of the government being able to unlock iPhones. He also mentioned Samsung. He said he's given waivers to Apple waivers that were not given to its biggest competitor Samsung. Tell us about what Trump said and how it should be seen from Korea's perspective.
Korea's minister of small business is at Davos, bringing attention to the country's small companies and venture firms. Also about Korea's capabilities in the 4th Industrial Revolution. What kind of effect can we expect this to have?
Korea's economic growth for last year, we now see, came in at an even 2 percent. There was a recovery in investment and consumer spending, but what do you make of that growth figure and how does it play into the first half of this year?
Alright, Professor Kim.
That's where we'll have to leave it today.
Thanks for sharing your insights with us, and have a great Lunar New Year holiday.