Korea's consumer prices grew at the 1 percent level for the first time in five months in May, while a weaker Korean won continued to drive up import costs, government data showed Wednesday.

Inflation is projected to remain stable throughout the year, but close monitoring is required due to such risk factors as ...

President Lee Jae-myung has proposed a 30 trillion won supplementary budget aimed at sparking life in an economy on track to ...

The new government is expected to come up with a set of measures to boost the local stock market, as Lee has pledged to ...

Interest rates on savings and time deposits are falling fast, in line with the recent key interest rate cut by the Bank of ...

The Organization for Economic Cooperation and Development(OECD) has marked down its growth outlook for the South Korean economy this year in just three months by point-five ...

The Organisation for Economic Cooperation and Development further slashed Korea’s 2025 economic outlook to 1 percent, warning ...

Korea must now turn toward unity. The winner should console the defeated. The defeated must accept the results with dignity.

Lee currently holds a sizable lead in opinion polling. A Gallup poll reportedly showed that 49% of respondents were in favor ...

Major institutions at home and overseas, including global investment banks, have presented a gloomy outlook on the South Korean economy.According to the Bank of Korea(BOK) ...

US Federal Reserve Governor Christopher Waller anticipates interest rate cuts later this year due to anticipated inflation ...