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Wednesday, Nov, 12, 2025

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ECONOMY

  • KDI raises 2026 growth outlook to 1.8% amid easing domestic slump

    South Korea’s economic growth outlook for 2026 is brightening, with major state and financial research institutes projecting growth close to the 2% range, supported by a gradual recovery in domestic demand.The Korea Development Institute (KDI) raised its 2026 GDP growth forecast from 1.6% to 1.8%, while the Korea Institute of Finance (KIF) predicted a strong..

  • Yoon puts top priority on revitalizing economy

  • AsiaToday reporter Lee Wook-jaePresident Yoon Suk-yeol has embarked on a high-intensity drive to overcome the economic recession at home and abroad, such a..
  • US Fed’s interest rate hike likely to end in May

  • AsiaToday reporter Kim Na-riThe U.S. Federal Reserve’s rate is expected to end as early as May as the recent global banking crisis has raised awareness of..
  • Yoon orders review of financial impact of SVB collapse

  • AsiaToday reporter Lee Wook-jaePresident Yoon Suk-yeol has ordered relevant agencies on Monday to closely review any possible impact the Silicon Valley Ban..
  • S. Korea’s January economic misery index hits record high

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s economic misery index in January climbed to a record high for the first time of the year, mainly due to continu..
  • Fed’s Powell signals few more hikes to go

  • AsiaToday reporter Lee Jang-wonThe Federal Reserve announced Wednesday that it had raised its key interest rate by 0.25 percentage points, returning to the..
  • S. Korea’s exports plunge on weak demand for chips

  • AsiaToday reporters Choi Won-young & Park Jin-sook Exports by South Korea fell 16.6 percent in January from a year earlier, casting dark shadows o..
  • S. Korea’s November exports drop 14%

  • AsiaToday reporter Choi Won-young South Korea’s exports dropped some 14 percent on-year in November, the second consecutive monthly decline. This is b..
  • Yoon unveils roadmap for space economy

  • AsiaToday reporter Lee Wook-jae South Korean President Yoon Suk-yeol unveiled a roadmap for the country’s ‘Future Space Economy’ on Monday, saying, “T..
  • BOK lowers growth projection for next year

  • AsiaToday reporter Jeong Geum-min As South Korea continues to face the complex crisis of high interest rates, high inflation and high exchange rates,..
  • Strong dollar batters global currencies

  • AsiaToday reporter Jang Soo-young The value of the U.S. dollar is the strongest it has been in decades. The global financial market is shaking as the..
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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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Moon Ga-young shines at Radiesse pop-up studio opening event

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