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South Korea’s Economy Expands 2.0% in 2024
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’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 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 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.
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
Political crisis hits South Korea growth: central bank
South Korea's economic growth 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.
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.
Yoon, South Korea and martial law
South Korea investigators transfer Yoon's case to prosecutors for indictment
South Korea's anti-corruption agency that is leading a criminal investigation into impeached President Yoon Suk Yeol's short-lived declaration of martial law said on Thursday it will transfer the case to the prosecutors' office for an indictment.
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 denied ordering military commanders to drag lawmakers out of parliament during his short-lived bid to impose martial law.
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 prevent them from voting to reject his martial law decree last month, as he appeared for the first time before the Constitutional Court that will determine his fate.
S Korea to remove concrete walls near runways
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 airport and exploded after slamming into a concrete barrier at the end of the runway.
South Korea to Remove Concrete Embankment Blamed for Exacerbating Deadly Plane Crash
South Korea's transport ministry said on Wednesday that it would remove the concrete embankment installed at Muan International Airport following last month's Jeju Air crash, its deadliest domestic air disaster.
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 that killed almost everyone on board, sparking criticism that the design of the airport might have exacerbated the accident.
North Korea Uses Neutral Tone
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 of North Korea as a nuclear-armed state.
North Korea Uses Neutral Tone After Trump ‘Nuclear Power’ Remark
North Korea’s state media reported on Donald Trump’s inauguration in its first direct acknowledgement of his return to the White House and adopted a neutral tone without referencing the president’s characterization of Pyongyang as a “nuclear power.
Map Shows US Watching North Korea's Moves Ahead of Trump Inauguration
The U.S. Pacific Air Forces told Newsweek that the RC-135 spy planes were conducting planned, routine operations.
5h
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 ...
Christianity Today
53m
South Korea’s Protests Are Bringing Some Christian Families Closer
Differing opinions on Yoon’s impeachment are driving kin apart. But a few parents and children are finding more common ground.
1d
on MSN
South Korea to Shrink Biomass Energy Subsidies After Criticism Over Link to Deforestation
South Korea has subsidized biomass energy with millions of dollars for more than a decade via their renewable energy ...
AFP on MSN
34m
S. Korea investigators recommend Yoon be charged with insurrection, abuse of power
South Korean investigators recommended Thursday that impeached President Yoon Suk Yeol be charged with insurrection and abuse ...
The Phnom Penh Post
19m
K-pop’s seemingly unstoppable rise shows signs of slowing
K-pop’s once-unyielding growth is showing signs of faltering, raising concerns about the lack of globally dominant groups ...
53m
Yes, Trump can rename the Gulf of Mexico – just not for everyone. Here’s how it works
Renaming it the Gulf of America would apply only in the US. And the long global history of disputed place names suggests it ...
cryptonews
3h
Upbit and Bithumb to Pay Customers $2.4M Compensation for ‘Martial Law Blackout’
Upbit and Bithumb, South Korea’s biggest crypto exchanges, to pay customers $2.4m in compensation for outages during Dec 3 ...
3h
Chinese Hackers Hijack VPN's Website to Spread Malware
Any user who downloaded the installer from IPany, a VPN provider in South Korea, may be at risk, according to antivirus ...
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