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

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 economy unexpectedly contracted in the first quarter as exports and consumption stalled amid fears over the impact of Washington's aggressive tariffs, fanning expectations of more ...

South Korea’s domestic economic activity remained sluggish in April following a contraction in the first quarter driven by weak consumption and business investment, the bank said.

South Korea's GDP contracted 0.1% year on year in the first quarter, according to advance figures, marking the first contraction in its economy since the fourth quarter of 2020.

South Korea's economy unexpectedly contracted in the first quarter of the year, the country's central bank said Thursday, amid political turmoil at home and global uncertainty around Trump's ...

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.

South Korea's GDP contracted 0.1% year on year in the first quarter, according to advance figures, marking the first contraction in its economy since the fourth quarter of 2020.

SEOUL, South Korea — 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 ...

In its monetary policy statement on April 17, the Bank of Korea had warned that South Korea's GDP growth for 2025 is expected to fall below its February forecast of 1.5%.