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South Korea’s Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth
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.
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 by the country's worst political crisis in decades, advanced central bank estimates showed on Thursday.
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.
S. Korean economy logs weaker-than-expected growth of 2 pct in 2024: BOK
The South Korean economy posted weaker-than-expected growth last year amid slowing export growth, sagging domestic demand and a political crisis, central bank data showed Thursday. The country's real gross domestic product -- a key measure of economic growth -- increased 2 percent in 2024,
49m
on MSN
South Korea Q4 GDP +0.1% q/q, weaker than forecast
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, amid the country's worst ...
14h
on MSN
S Korea to remove concrete walls near runways after deadly crash
The Jeju Air flight was bringing passengers home from Thailand after Christmas when it made an emergency landing at Muan ...
1d
South Korea’s Yoon denies ordering arrest of lawmakers during martial law decree
South Korean President Yoon Suk Yeol attended on Tuesday a Constitutional Court hearing of his impeachment trial where he ...
1h
on MSN
Korea Zinc takeover battle culminates in shareholders' meeting
Korea Zinc holds a special shareholders' meeting on Thursday to elect new board members that will cap a four-month takeover ...
1d
on MSN
South Korea’s Yoon defends his martial law decree in his first public appearance since his arrest
South Korea’s impeached president has denied that he ordered the military to drag lawmakers out of the National Assembly to ...
1d
on MSN
Trump calls North Korea a 'nuclear power,' drawing a rebuke from Seoul
South Korea said denuclearization was still the goal after President Donald Trump used a phrase that could imply recognition ...
21h
North Korea state media reports Trump inauguration, accuses US of Korean War atrocities
North Korea's state media on Wednesday reported U.S. President Donald Trump's inauguration but without any commentary on his ...
18h
South Korea to Change Airport Design After Deadly Jeju Air Crash
South Korea will extend runway safety areas and redesign infrastructure after the crash of a Jeju Air Co. flight last month ...
21h
on MSN
South Korea to shrink biomass energy subsidies after criticism over link to deforestation
The South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its ...
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