South Korea President says economic impact of coronavirus will increase

SEOUL (Reuters) - South Korea President Moon Jae-in on Tuesday said the deepening impact from the coronavirus pandemic will worsen going forward, and said massive job losses are of his particular concern.Speaking at a policy meeting, Moon said the third supplementary budget of this year is on its way, as growth readings for Asia's fourth-largest economy are likely to worsen in the second quarter.The coronavirus pandemic pushed South Korea's economy in the first quarter into its biggest..