SKorea raises growth forecast on stimulus but strength of recovery still weak

SEJONG, South Korea — South Korea raised its growth forecast on Thursday to reflect the boost from government stimulus spending. The finance ministry said in a statement that South Korea’s economy will expand 2.7 percent this year, compared with its 2.3 percent estimate three months ago. More business newsMarc Rich, financier pardoned by Clinton, dies at 78 Matt Schudel Before his...