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SEOUL, South Korea (AP) — South Korea’s central bank cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025, as it moved Thursday to counter U.S ...
S Korea’s real GDP rebounded 0.6% in Q2, after shrinking in the Jan-March period, led by consumption and exports. Yet, the ...
South Koreas economy likely returned to growth in the second quarter, driven by improved exports and a gradual recovery in ...
The combined net profit of KB Financial, Shinhan Financial, Hana Financial and Woori Financial totaled 10.33 trillion won ...
South Korea: Outlook Rocked By Martial Law Declaration. Dec. 04, 2024 2:33 AM ET EWY, FLKR, KORU. ... The impact on the economy will also depend on how the situation evolves from here.
The Bank of Korea lowered its benchmark interest rate , opens new tab to 2.50%, as expected, and almost halved this year's economic outlook to 0.8% on Thursday. Sign up here.
SEOUL (Reuters) -South Korea's March exports grew for a second month but missed market expectations, suggesting a softening outlook as a global trade war triggered by U.S. President Donald Trump's ...
South Korea is the first major exporting economy to report trade figures each month, providing an early look at the state of global trade since U.S. President Donald Trump announced his sweeping ...
South Korea sent a delegation to Washington to hold a second round of technical discussions ... The April edition of the IMF's quarterly World Economic Outlook projected 1% growth for Asia ...
Martial law was lifted in Korea, but political and economic turmoil could continue. ... Even so, a few hours later, the OECD lowered South Korea's 2025 growth economic outlook to 2.1%, from 2.2%.
South Korea's exports climbed 3.7% from a year earlier to $58.21 billion in April. That was faster than a rise of 3.0% in March and the biggest percentage gain in four months.