Foreign investment banks have raised their outlook for Korea's economic growth.<br />The second straight month of positive reviews comes in light of factors including growing exports.<br />Ten foreign investment banks projected Korea's GDP to rise by 2-point-6 percent this year,... higher than its March estimate of 2-point-5.<br />The banks forecast... next year, Asia's fourth largest economy will grow 2-point-5 percent -- up a tenth of a point from previous estimates.<br />The upward revisions come as a global economic recovery helped the country's outbound shipments abroad and its facility investments.
