South Korea’s Economy Grew 2.0% in 2024
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country's economic performance. This decision follows two consecutive rate cuts in October and November,
Korea faces economic growth gap with U.S.; need for measures to retain investments Koreas investment landscape faces challenges amidst diverging economic trends with the U.S.
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political crisis will make things worse.
Despite mounting woes leading to weak growth momentum, South Korea's central bank kept its benchmark interest rate frozen Thursday in the wake of the weak local currency and uncertainties stemming from the new Donald Trump administration.
The high dollar and expensive U.S. stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond market upset rises
The surprise decision came as South Korea's trade-dependent economy faces challenges from weakening export growth and a sluggish recovery in domestic demand, partly hindered by political turmoil following impeached President Yoon Suk Yeol's short-lived declaration of martial law in December.
Asia’s fourth-largest economy is facing these problems as it navigates twin political shocks: Donald Trump’s re-election in the US and the fallout from South Korean President Yoon Suk Yeol’s failed attempt to impose martial law.
U.S. stocks are drifting toward a record amid a relatively quiet day on Wall Street. The S&P 500 rose 0.2% in late Thursday trading and was on track to surpass
Where Economists Think the Trump Economy Is Headed By Vicky Ge Huang WSJ's latest survey shows that forecasters expect higher inflation than they did in October-but also higher GDP growth. Also, a sluggish economy and President Trump's tariff threats prompt Beijing to tell big investor to buy more stocks.
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