Political crisis hits South Korea growth

South Korea’s Economy Grew 2.0% in 2024 After a Lackluster Fourth-Quarter
The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other information-technology goods.
Political Crisis Hits South Korea Growth: Central Bank
South Korea's economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout from President Yoon Suk Yeol's brief declaration of martial law that hit consumer confidence and domestic demand.
South Korea's Economy Expands 2.0% in 2024 After Lackluster 4Q Growth -- Update
South Korea's economy expanded at a weaker-than-expected pace of 2.0% in 2024 after lackluster growth in the fourth quarter amid weak consumer and business spending, bolstering the case for the central bank's another rate cut next month.
South Korea's economy barely grows in Q4 amid political chaos
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt in part by the country's worst political crisis in decades, raising bets for more fiscal and monetary support to revive growth.
S. Korea's GDP Growth Slows In Last Quarter Amid Political Crisis: Central Bank
South Korea's economy slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.
South Korea’s Early Trade Data Show Weak Export Growth
South Korea’s early trade data showed weak export growth so far this month, as headwinds grow for the trade-reliant economy with political turmoil rumbling on at home and Donald Trump’s return to power clouding the outlook for global commerce.
Political instability and a falling won: what lies ahead for South Korea’s economy?
South Korea’s economy is under strain as political instability and a plunging won disrupt growth. Learn how the weak currency, rising inflation, and global trade risks are shaping the future of Asia’s fourth-largest economy.
S.Korea's economy barely grows in Q4 as political crisis jolts 2025 outlook
South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened domestic demand and threatens to further sap growth in a year of rising external risks under a second Trump presidency.
South Korea fourth-quarter GDP grows at its slowest pace in six quarters, missing expectations
South Korea's economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023. Advance figures showed the figure missed the 1.4% expansion expected by economists polled by Reuters,
South Korea’s Q4 2024 GDP Growth Misses Expectations Amid Political Crisis
South Koreas economy barely expanded in Q4 2024, with GDP growing just 0.1% quarter-on-quarter, missing the 0.2% forecast, according to the Bank of Korea. Domestic demand struggled due to the nations most severe
Korea's economy grows 0.1% in Q4, annual growth misses expectations
Korea’s economy grew 2 percent in 2024, falling short of the 2.1 percent projected by the government, as the fourth-quarter growth missed the target by a significant margin amid political turmoil.
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
South Korea acting president hopes for reciprocal ties with Trump administration
South Korea's acting president Choi Sang-mok said on Tuesday he hoped for bilateral relations with Washington to develop more ...
2 Families, in Business for 50 Years, Wage War in a South Korean Boardroom
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched ...
Dhaka Tribune1h
South Korea backs Bangladesh's interim govt, reforms
Special Envoy of the Minister of Foreign Affairs of the Republic of Korea Ambassador Lee Jeongkyu W on Thursday reaffirmed ...
Govt. notes 'increasing downward pressure' in latest economic report
The South Korean economy faces "increasing downward pressure" due to heightened uncertainties both at home and abroad, ...
Mining Technology6d
Korea Zinc’s nickel sulphate process designated as national strategic technology
The South Korean government has recognised Korea Zinc's nickel sulphate manufacturing technology as a national strategic ...