The South Korean economy's potential growth rate may fall to around 0 percent in the 2040s due largely to demographic changes ...

If South Korea maintains its current level of productivity, its potential growth rate—the maximum rate at which the economy ...

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

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

South Korea's central bank held its policy rate at 2.75% Thursday ... The BOK noted domestic economic growth has been weaker than expected, as domestic demand and exports have both slowed due ...

A separate poll conducted last week predicted South Korea's economic growth to average 1.3% this year, lower than the BOK's 1.5% forecast. Dimming growth prospects have fuelled demands for a rate ...

South Korea's central bank held its policy rate at 2.75% Thursday ... The BOK noted domestic economic growth has been weaker than expected, as domestic demand and exports have both slowed due ...

South Korea's central bank on Thursday signalled it would cut rates in May and left the door wide open to further monetary ...

A separate poll conducted last week predicted South Korea's economic growth to average 1.3% this year, lower than the BOK's 1.5% forecast. Dimming growth prospects have fuelled demands for a rate ...