Korea's economy grew 2 percent in 2024, underperforming expectations, due to political turmoil and weak private consumption.

The economy of the Republic of Korea posted weaker-than-expected growth last year amid slowing export growth, the Bank of Korea (BOK) showed Thursday.The country's real gross domestic product - a key ...

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

South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts ...

South Korea's gross domestic product improved a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2024, the Bank of ...

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

The Korean economy faces "increasing downward pressure" due to heightened uncertainties both at home and abroad, leading to weakened economic sentiment and a slowdown in employment, the finance ...

Latest comments from Bank of Japan officials have also shown increased confidence in sustainable wage ... of Trump trade policies and robust IT demand. South Korea: Surveys and GDP are likely to ...

Latest comments from Bank of Japan officials have also shown increased confidence in sustainable wage growth. But, we should closely watch Trump’s inauguration which should deliver a negative impact ...

SEOUL :South Korea is interested in importing more U.S ... the U.S. to ease its large trade surplus with the world's top economy, said a senior Hanoi-based diplomat. The U.S. is the world's ...

Employment in South Korea fell by more than 50,000 last month compared to ... and food service jobs also slowed during this period. The Ministry of Economy and Finance noted that the government’s ...

No, North Korea and South Korea do not see eye-to-eye on anything and have been staunch enemies for decades now. (You can now subscribe to our Economic Times WhatsApp channel) Disclaimer Statement: ...