(MENAFN) A government report showed that South Korea's overseas direct investment declined in the first half of, as investors cut their exposure to many sectors, Yonhap reported.
According to the report, which was issued by the finance ministry, overseas direct investment totaled USD15.42 billion in the first six months of the year, down by 6.5 percent on-year.
The decrease is attributed to declines in investment in the financial, mining and home rental sectors, which dropped 4.7 percent, 30.5 percent and 16.9 percent over a year earlier, respectively.
However, South Korea's direct investment to the United States in particular jumped 80.9 percent compared to the same period a year ago, the report showed.
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