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

Donald Trump campaigned as the Tariff Man. All indications are that as president he intends to deliver on his promise to ...

The latest Economic Census 2024, set to be released today (29 January), reveals that the country has 11.87 million economic units (establishments engaged in economic activities), with manufacturing ...

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

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

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

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 ...

The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter.

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

He called for an urgent supplementary budget of 15 trillion to 20 trillion won to boost the economy, an unusually direct recommendation from the BOK governor, underscoring the severity of the economic ...