The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect ...

SEOUL--South Korea’s central bank on Thursday lowered its key policy rate for the second straight month and said the country’s economy will grow at a slower pace than it initially anticipated.

South Korea sharply cut its economic growth forecasts for this year, reflecting the fallout from impeached President Yoon Suk ...

South Korea's suspended President Yoon Suk Yeol ignored the objections of key cabinet ministers before his failed martial law ...

South Korea’s government expects its economy to slow this year due to weakening export growth and a sluggish recovery in domestic demand. The gross domestic product of Asia’s fourth-largest ...

The government will front-load its budget spending in the first half of 2025 and loosen regulations. Read more at ...

South Korea's employment and labor indicators for women have remained low among members of the Organization for Economic ...

Woo Won-shik, the speaker of the National Assembly, told Chinese Ambassador Dai Bing on Wednesday that he wants to assure the ...

South Korea has developed into one of Asia's most affluent countries since partition in 1948. The Communist North has slipped ...

South Korea released policy plans on Thursday to spur foreign inflows for stability in financial markets and boost domestic ...

The vote was the second major impeachment in two weeks after President Yoon’s ill-fated martial law bid set off turmoil. The ...

Recent political turmoil in South Korea is a downside risk to the country's economy, but its effects are likely to subside within half a year, said BOK official Soohyung Lee. The most concerning ...