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

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

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

Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector contracting 12.4% year-on-year.

South Korea is bracing for the impact of the Trump administration's tariffs, as reflected in its economic downturn and lowered growth forecast.

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

The US-China trade war will impact South Korea's economy, exports, and politics. Click to read insights on its potential long ...

The weak data will increase calls for the Bank of Korea to cut interest rates again ... US counterparts as South Korea seeks to cut tariffs. On an annual basis, the economy contracted 0.1 percent ...

SEOUL (Reuters) -Most of the Bank of Korea's board members assessed headwinds to South ... interest rate cuts, minutes from last month's meeting showed on Wednesday. "With economic growth this ...

In the first quarter of this year, the South Korean economy ... the Bank of Korea predicted right after the Monetary Policy Committee that “this year’s domestic growth rate will be greatly ...

South Korea’s export growth stalled in April in a worrisome sign for the trade-driven economy as officials scramble ... to keep its benchmark interest rate steady at 2.75 per cent last month ...