South Korea economic recovery momentum is strengthening on the back of heavy fiscal spending and firmer exports, according to finance minister Koo Yun-cheol, who pledged fresh measures to spread gains beyond Seoul. He told a meeting of economic ministers that consumer demand is improving, supported by government “consumption coupon” schemes, while 26 major public institutions plan to raise investment this year to KRW69tr (USD47bn) from an original KRW66tr budgeted for infrast

Koo Yun-cheol has taken office as South Korea’s Deputy Prime Minister and Finance Minister, ending a three-month leadership gap. He now...