(2nd LD) S. Korea's GDP expands 1 pct in Q3 on strong exports, investment: BOK

What happened: South Korea's real GDP rose 1 percent in the third quarter from the prior quarter, driven by semiconductor-led exports and investment, according to advance Bank of Korea data. Key numbers: Q3 GDP up 1 percent on-quarter, above the BOK's 0.3 percent forecast and the prior quarter's 0.6 percent. Why it matters: The BOK said full-year GDP will likely grow 3.6 percent if the fourth-quarter pace holds, and could reach 4 percent if fourth-quarter growth hits 1.4 percent. The BOK may raise its 3.3 percent growth forecast, with new predictions due next month.

South Korea's real GDP rose 1 percent in the third quarter from the prior quarter, driven by semiconductor-led exports and investment, according to advance Bank of Korea data.

The BOK said full-year GDP will likely grow 3.6 percent if the fourth-quarter pace holds, and could reach 4 percent if fourth-quarter growth hits 1.4 percent. The BOK may raise its 3.3 percent growth forecast, with new predictions due next month.