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 situation in the Middle East has once again become suddenly tense due to Israel's military actions.
Recently, the situation in the Middle East has once again b…
Low altitude economy is a hot topic in the field of civil a…
On September 16th, a tariff adjustment announcement from th…
In September 2025, the United Nations Independent Internati…
Recently, the gold market has been in the limelight, with p…
On September 15th local time, Ukrainian Prime Minister Yuli…