South Korea Seen Cutting Rates to Spur Growth as Election Looms

South Korea Seen Cutting Rates to Spur Growth as Election Looms

Yonhap News via Bloomberg

Park Geun Hye, center, waves after being elected the party's presidential candidate at a national convention in Ilsan, north of Seoul, South Korea, on Aug. 20, 2012. Park, whose father ruled South Korea as dictator for 18 years, will contest the seat for the ruling New Frontier Party, while software mogul Ahn Cheol Soo is a possible contender for the opposition.