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S. Korea Economy Grows at the Fastest Pace in Two Years: Economy

South Korea’s economy grew the most in two years in the first quarter as the government front-loaded spending and exporters weathered the slide in the yen that aids rivals in Japan.

Gross domestic product gained 0.9 percent from the previous three months after a 0.3 percent increase in the fourth quarter, the Bank of Korea said today. That exceeded the median 0.7 percent estimate of 15 economists surveyed by Bloomberg News.