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.
Recently, the United States has continued to put pressure on Canada's trade policy, and tariff barriers have been escalating, causing strong dissatisfaction from the Canadian government.
Recently, the United States has continued to put pressure o…
Recently, the performance of the gold market has been parti…
Recently, two major Wall Street investment banks Morgan Sta…
The social security system is an important cornerstone of t…
Recently, Delta Air Lines, an American airline, released it…
In today's world where globalization and informatization ar…
© Copyright 2025, All Rights Reserved
