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- Elsewhere in Asia, Korea's Hynix was rumored to be facing a 31.9% stake sale by company creditors taking place as early as May. South Korea's Economy Ministry had also cut 2009 exports growth target to -13.5% from +1.1%, even though the deeper cut in imports was said to result in a wider 2009 trade surplus target of $15B-$20B. In Singapore, February retail sales rose 10.5% on a monthly basis helping SGD to a modest boost. Malaysia Central Bank Governor Zeti saw economic conditions improving in the 2nd half of the year, attributing growth in domestic demand to effectiveness of the stimulus response