The Organization for Economic Cooperation and Development (OECD) has downgraded its forecast for South Korea's economic ...

South Korea's central bank cut interest rates for a fourth time in its current easing cycle on Thursday to support an ...

South Korea’s central bank has cut its key interest rate and sharply lowered its growth outlook for the country’s economy in ...

South Korea’s growth outlook was slashed to 1 percent from ... and a clearer mandate to take effective actions to revive economic activity. Economists reckon Asia will likely to be the worst ...

After emerging from the 1950-53 war with North Korea, South Korea emerged as one of the 20th century’s most remarkable economic success stories, becoming a developed, globally connected ...

South Korea’s central bank slashed its growth outlook for the year, cutting its policy rate in a widely expected move to support the country’s sagging economy. The export-led economy is facing ...

As Lee steps into office, expectations are high and so are the stakes. His priority will be to unite a divided nation and ...

SEOUL (Reuters) -South Korea's March exports grew for a second month but missed market expectations, suggesting a softening outlook as a ... about a sharp global economic downturn.

Earlier this week, the International Monetary Fund halved its 2025 growth outlook for South Korea to 1% ... the country is highly likely to face an economic slowdown this year.

SEOUL – South Korea’s economy contracted in the first ... coupled with fears over Mr Trump’s tariffs sapped economic activities, a BOK official said. He added that a clearer picture of ...