South Korea's GNI Per Capita Set To Top $40,000, Finance Minister Says

According to The Korea Herald, South Korea is showing clearer signs of economic recovery, with gross national income per capita on track to exceed $40,000 this year, Finance Minister Koo Yun-cheol said Thursday. Koo made the remarks at a meeting of economy-related ministers, saying nominal gross domestic product in Asia's No. 4 economy grew at its fastest pace in 47 years in the second quarter.