While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been ...

South Korea's central bank held interest rates steady on Thursday but a majority of board members signalled another rate cut ...

South Korea's parliament approved a supplementary budget on Friday of 31.8 trillion won ($23.3 billion), supporting President ...

South Korea’s central bank kept interest rates steady in a widely expected move, amid easing concerns over the country’s economic outlook.

Housing prices in Seoul spiked over 19% in June on an annualized basis, prompting financial authorities to address rapidly ...

South Korea's weakening growth trajectory could eventually impact its sovereign credit rating, according to a senior analyst ...

In late May, the Bank of Korea lowered its GDP growth forecast for 2025 from 1.5% in February to 0.8%, citing a slow recovery in domestic demand and the expected impact of U.S. tariffs.

After emerging from the 1950-53 war with North Korea, South Korea emerged as one of the 20th century’s most remarkable economic success stories, becoming a developed, globally connected, high ...

South Korea's Defense Ministry said Friday that its defense spending as a share of gross domestic product is already "very high" in response to a call from Washington for allies to increase their ...

A leading economic index for South Korea rose for the seventh consecutive month in June, reaching its highest level in three ...