South Korea's gross domestic product (GDP) per person is estimated to have exceeded the US$36,000 mark last year, data showed ...

South Korea's exports are expected to have fallen for the first time in 16 months on U.S. tariff uncertainty and a slower tech sector, a Reuters poll showed, underscoring risks for trade-reliant ...

South Korea’s economy has effectively stalled, with growth hovering around 0% for three straight quarters from April to December 2024. For the first time in 26 years since the Asian financial crisis, ...

South Korea's economy slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief ...

The South Korean economy posted weaker-than-expected growth last year amid slowing export growth, sagging domestic demand and ...

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by ...

Signage for BYD Co. during a launch event in Incheon, South Korea, on Thursday, Jan. 16, 2025. China’s BYD will launch three electric passenger cars in South Korea this year, with an ...

The impeached president arrives at the building housing the Corruption Investigation Office for High-ranking Officials (CIO) in Gwacheon, South Korea. (Korea Pool/AFP/Getty Images) Yoon's lawyers ...

South Korea’s economy is slowing just as the nation suffered its worst-ever aviation disaster. And Donald Trump is threatening new tariffs while demanding more money for US troops who have ...

South Korea’s detention centers have had plenty of experience at holding high-profile people, including former presidents and business tycoons. But this is the first time they’ve had to ...

WASHINGTON − President-elect Donald Trump's nominee to lead the Pentagon upset key U.S. ally South Korea Tuesday when he ... crossed a delicate diplomatic line. John Kirby, spokesperson for ...

The BOK also said that GDP growth would "highly likely" miss its 2024 and 2025 forecasts. South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, opting to ...