Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic ...

South Korea’s Economy Struggles to Grow Amid Political Crisis Political uncertainty weighing on consumer, business sentiment BOK’s Rhee says extra budget needed to help prop up economy ...

South Korea's economy expanded at a weaker-than-expected pace of 2.0% in 2024 after lackluster growth in the fourth quarter amid weak consumer and business spending, bolstering the case for the ...

To stimulate its pandemic-hit economy ... South Korea has been experimenting with universal basic income programs by regularly giving out cash, no questions asked. Now, some politicians want to go ...

South Korea's economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second ...

South Korea tackled difficult economic reforms following the crisis, including restructuring some chaebols, increasing labor market flexibility, and opening up to more foreign investment and imports.

In his November 7, 2017, speech to South Korea’s National Assembly, then-President Donald Trump unambiguously noted that “this alliance between our nations was forged in the crucible of war and ...

Korea’s export-reliant economy also faces the risks of a trade war as President-Elect Donald Trump has proposed up to 20% tariffs on U.S. imports.“Whatever steps South Korea wants to take ...

(Bloomberg) -- South Korea’s unemployment rate rose to the ... as policymakers tighten their focus on shoring up economic momentum.

Recent political turmoil in South Korea is a ... but was still up from the 1.3% increase in the prior month. "We have a pretty strong demonstration of the robust economy for past 20 years, so ...

(Bloomberg) -- South ... in South Korea. Shoring up growth will be a key concern among policymakers keen to show that the government and central bank can continue to run the economy efficiently ...

South Korea's economy expanded at a weaker-than-expected ... remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other information-technology goods.