Economy, South Korea and 2024

South Korea’s Economy Grew 2.0% in 2024 After a Lackluster Fourth-Quarter
Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic demand weighed on Asia’s fourth-largest economy.
South Korea's Economy Expands 2.0% in 2024 After Lackluster 4Q Growth -- Update
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 central bank's another rate cut next month.
South Korea’s Economy Faces Sluggish Growth Amid Political Unrest
South Koreas economy saw limited growth in the fourth quarter, expanding just 0.2% seasonally adjusted, as political instability dampened consumer spending, according to a Reuters poll of economists.
Political turmoil drags South Korea’s growth outlook to 1.6-1.7%, warns BOK
South Korea’s central bank warned that prolonged political instability following the martial law crisis could drag the country’s annual economic growth rate to the mid-1% range. The BOK slashed Korea’s 2025 growth forecast to 1.
(LEAD) S. Korea's 2025 growth outlook to be slashed to 1.6-1.7 pct amid martial law crisis: BOK
The Bank of Korea (BOK) said Monday its outlook for South Korea's economic growth this year may be lowered to as low as 1.6 percent due to a political crisis sparked by suspended President Yoon Suk Yeol and weak domestic demand.
South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
The BOK also said that growth in the services as well as construction industry decreased, but manufacturing industry grew at ...
Political Crisis Hits South Korea Growth: Central Bank
South Korea's economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout from ...
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
2 Families, in Business for 50 Years, Wage War in a South Korean Boardroom
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched ...
South Korea acting President Choi says to monitor financial markets around the clock
South Korea's acting President Choi Sang-mok said on Friday the government will make an all-out effort to stabilise the ...
South Korea braces for Trump’s policies with biggest-ever export finance support
SEOUL - South Korea’s central bank said on Jan 20 it had slashed its 2025 growth forecast because of the political crisis ...
The Financial Times4d
Martial law and Trump: political shocks add to South Korea’s economic woes
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s worst political crisis in decades is playing out against a darkening economic backdrop, as ...
Dhaka Tribune3h
South Korea backs Bangladesh's interim govt, reforms
Special Envoy of the Minister of Foreign Affairs of the Republic of Korea Ambassador Lee Jeongkyu W on Thursday reaffirmed ...
RTE Online9d
How South Korea became a cultural powerhouse
Squid Game's second season is the latest instalment of Korean culture's economic success story – so what's the secret?
South Korea economy barely grew in Q4; BOK to cut rates in February - Reuters poll
The South Korean economy barely grew last quarter as political chaos weighed on consumer spending, according to a Reuters ...