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Thursday, Apr, 16, 2026

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ECONOMY

  • Korea growth steady despite global slowdown

    The International Monetary Fund has maintained South Korea’s economic growth forecast at 1.9% for 2026, despite lowering its global outlook amid geopolitical uncertainties.In its April World Economic Outlook released on April 14, the IMF projected South Korea’s growth at 1.9%, unchanged from its January estimate and slightly above the average for advanced ec..

  • Korea’s debt-to-GDP ratio seen topping 150% by 2065

  • South Korea’s national debt is projected to soar past 150 percent of GDP by 2065, raising fresh alarms over fiscal sustainability amid accelerating populat..
  • Korea’s Q2 GDP grows 0.7%

  • South Korea’s real gross domestic product (GDP) grew 0.7% quarter-on-quarter in the second quarter on a preliminary basis. On September 3, the Bank of..
  • Korea’s exports rise 1.3% in August despite U.S. tariffs

  • South Korea’s exports hit a record high for the third consecutive month in August, buoyed by surging semiconductor sales, even as shipments to the United S..
  • Korea sees July boost in consumption, production and investment

  • South Korea’s economy showed signs of resilience in July, with consumption, industrial output and investment all increasing—the so-called “triple growth.”&..
  • National Pension earns 50 trillion won in H1 with 4.08% return

  • The National Pension Service (NPS) posted a 4.08 percent investment return in the first half of this year, earning about 50 trillion won, driven largely by..
  • Non-manufacturing sentiment hits 4-year high on holiday, coupon boost

  • South Korea’s business sentiment rebounded in August for the first time in two months, driven by stronger exports and consumer activity. Non-manufacturing..
  • Vegetable prices drive July producer price rise

  • Producer prices in South Korea climbed for the second consecutive month in July, driven by soaring vegetable costs due to extreme weather conditions and a..
  • Lee calls Japan a ‘partner,’ Ishiba speaks of ‘reflection’ — will summit yield a meaningful agreement?

  • Ahead of their August 23 summit, South Korean President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba have exchanged positive messages marking K..
  • Fuel tax cuts extended until end of October

  • The government has decided to extend the temporary fuel tax reduction, originally set to expire at the end of August, for an additional two months to ease..
  • Export and import prices rise in July

  • Export and import prices rebounded in July, driven by higher global oil prices and a stronger dollar. In won terms, export prices rose for the first time i..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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