South Korea had its first recession in more than 10 years on an annual basis; on a quarterly basis, which is more widely used in South Korea, it is the first recession in 17 years. "South Korean Economy Returns to Growth" at 8:16 a.m. ET contained an unnecessary correction about the time since the last recession because it didn't make clear how the time between recessions was measured.

(END) Dow Jones Newswires

October 27, 2020 13:46 ET (17:46 GMT)