South Korea’s Economy Expands 2.0% in 2024

South Korea’s Economy Grew 2.0% in 2024 After a Lackluster Fourth-Quarter
Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic demand weighed on Asia’s fourth-largest economy.
South Korea's economy barely grows in Q4 amid political chaos
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt in part by the country's worst political crisis in decades, raising bets for more fiscal and monetary support to revive growth.
South Korea fourth-quarter GDP grows at its slowest pace in six quarters, missing expectations
South Korea's economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023. Advance figures showed the figure missed the 1.4% expansion expected by economists polled by Reuters,
Korea's GDP grows 2 percent, missing expectation, on martial law turmoil
Korea's economy grew 2 percent in 2024, underperforming expectations, due to political turmoil and weak private consumption.
(2nd LD) S. Korean economy logs weaker-than-expected growth in 2024; Q4 growth misses forecast
The South Korean economy posted weaker-than-expected growth last year amid slowing export growth, sagging domestic demand and a political crisis, central bank data showed Thursday. The economic expansion in the fourth quarter also came far below the earlier forecast by the Bank of Korea
South Korea’s Q4 2024 GDP Growth Misses Expectations Amid Political Crisis
South Koreas economy barely expanded in Q4 2024, with GDP growing just 0.1% quarter-on-quarter, missing the 0.2% forecast, according to the Bank of Korea. Domestic demand struggled due to the nations most severe
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South Korea’s central bank freezes rates amid weakened economy and political turmoil
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite ...
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Korea faces economic growth gap with U.S.; need for measures to retain investments
Korea faces economic growth gap with U.S.; need for measures to retain investments Koreas investment landscape faces ...
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
Investors Should Use Dollar Strength To Diversify Internationally
The high dollar and expensive U.S. stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond ...
CNBC Daily Open: South Korea's markets power through troubles
South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...
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Bank of Korea holds key rate unchanged
Despite mounting woes leading to weak growth momentum, South Korea's central bank kept its benchmark interest rate frozen ...
Bank of Korea Surprises by Holding Rates Steady As Uncertainty Lingers -- Update
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 ...
Stock market today: S&P 500 climbs to a record as the bond market stays calm
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid ...