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

The amount of new currency issued ahead of this year's Lunar New Year holiday has recorded the lowest level in the past five ...

The domestic construction industry has been facing a prolonged downturn for more than a year, with renewed fears of ...

However, citing significant downside risks, Choi said it is inevitable that South Korea will face an economic downturn, though it is not a crisis-level outlook. He highlighted weakened consumer ...

South Koreas economy barely expanded in Q4 2024, with GDP growing just 0.1% quarter-on-quarter, missing the 0.2% forecast, ...

War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political crisis will make things worse.

Nomura anticipates South Koreas supplementary budget proposal by early Q3 Nomura forecasts submission of a significant budget ...

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 ...

Many companies are attributing the anticipated downturn to a ... “Due to a global economic slowdown and weakening competitiveness in key industries, South Korea’s exports are expected to ...

The South Korean economy barely grew last quarter as political chaos weighed on consumer spending, according to a Reuters poll of economists who expect the Bank of Korea to cut interest rates next ...

SEOUL, Jan 23 (Reuters) - South Korea's economy barely grew in the fourth ... having narrowly avoided a technical recession in the third quarter when it grew 0.1% following a 0.2% contraction ...

South Korea's economy expanded at a weaker-than-expected ... seen in the third quarter when it narrowly avoided a technical recession, preliminary data from the Bank of Korea showed Thursday.