South Korea's economy barely grew last quarter as persistent global trade risks and weak domestic demand continued to sap ...

SEOUL (Reuters) -South Korea's parliament approved a supplementary government budget on Thursday of 13.8 trillion won ($9.7 ...

The contraction in the first quarter will reduce annual GDP growth significantly.

SEOUL (Reuters) - South Korea's economy unexpectedly contracted ... fanning expectations of more interest rate cuts. Gross domestic product (GDP) contracted 0.2% from a quarter earlier on a ...

the Bank of Korea had warned that South Korea's GDP growth for 2025 is expected to fall below its February forecast of 1.5%. The central bank had held rates at 2.75% at the April meeting.

The International Monetary Fund on Tuesday cut its economic growth forecast for South Korea to 1 percent this year, down from ...

South Koreas economy showed minimal growth last quarter as global trade risks and weak domestic demand continued to weigh on ...

South Korean GDP contracted ... of Korea flagged the possibility last week, the 0.2% quarter-on-quarter drop was a shock to the market in light of the BoK holding its key interest rate unchanged ...

South Korean GDP contracted ... of Korea flagged the possibility last week, the 0.2% quarter-on-quarter drop was a shock to the market in light of the BoK holding its key interest rate unchanged ...