South Korea's economy remained sluggish in the fourth quarter of last year as the martial law saga under President Yoon Seok-yoon further dented consumer confidence, already weakened by slowing export growth.
Gross domestic product (GDP) grew 0.1% in the fourth quarter from the previous quarter, the Bank of Korea said Thursday, falling short of economists' estimate of 0.2%, Bloomberg reported. On a year-on-year basis, the economy grew by 1.2 per cent, also below forecasts of 1.4 per cent.
South Korean policymakers are trying to boost flagging economic growth and curb what they say is excessive currency volatility, though they didn't immediately disclose details of their interventions.
The South Korean political arena has once again been embroiled in a public controversy over a judicial investigation that has shaken the entire nation.
The South Korean political arena has once again been embroi…
On the morning of December 29th local time, the precious me…
According to the US media Barchart, recently, the fluctuati…
On December 29th, Mar-a-Lago in Florida, USA, witnessed a h…
SoftBank Group announced on Monday that it has agreed to ac…
Recently, the US State Department issued a visa ban, adding…
© Copyright 2025, All Rights Reserved
