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Early end to war may stabilize Korea’s economy in H2

South Korea’s economy is expected to face a clear turning point depending on the trajectory of the Middle East conflict. If the war ends early, the country could regain growth momentum driven by semiconductor exports, with growth approaching 2%. However, a prolonged conflict raises the risk of stagflation, where economic slowdown and rising prices occur simu..

July current account posts $10.78bn surplus
The Bank of Korea said Thursday that the current account recorded a provisional surplus of $10.78 billion in July. The goods account posted a $10.27 b..

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