South Korea Economy

South Korea plans on strengthening cooperation with India as Seoul attempts to align with a US-led push to diversify the global supply chain away from China

In the poll of 2,504 adults conducted by Realmeter from February 13-17, the positive assessment of Yoon's performance rose 3.5 percentage points from a week earlier to 40.4 per cent

South Korea's consumer prices rose at the fastest clip in nearly 24 years in June, mainly due to soaring energy costs, government data revealed on Tuesday

A sub-index on job growth showed employment expanded for a second successive month in January.

The South Korean instant meals market jumped more than 145 per cent in 2020 from four years earlier on the increased number of convenience stores and the coronavirus pandemic

With the strong sales of major industries and growth of new industries, South Korea's exports posted $644.5 billion, the highest ever, in 2021

Activity in South Korea's factories expanded at the fastest pace in three months in December but the economy struggled to gather momentum

South Korea's economy is projected to continue to rank the 10th largest for three straight years in 2022 in terms of nominal GDP, data from the International Monetary Fund have showed

Of the total package, some 3.2 trillion won would be allocated to provide 1 million won each to 3.2 million small business owners that experienced a decrease in sales.

Consumer inflation accelerated to a decade-high of 3.7% in November from a year earlier, while core CPI, which excludes volatile food and fuel, rose to 1.9%

South Korea's economy grew slightly faster than expected, thanks to a robust recovery of exports and facility investment, inching the nation's economic growth closer to the pre-pandemic level

A South Korean oil tanker held for months by Iran amid a dispute over billions of dollars held in Seoul was leaving Iran early Friday

LG said on Tuesday that it plans to develop cross-platform artificial intelligence (AI)-powered services with KT Corp, South Korea's major telecom operator, to expand use of its human-like algorithm

From looting and vandalism compounding virus woes in the US, to backlash in China over front-line doctor's death, and South Korea's $29-billion stimulus - read these and more in today's world dispatch

The government puts in place support measures equivalent to about 14 per cent of gross domestic product to counter the economic fallout from the coronavirus

Auto shipments turned around to a 0.5 per cent increase as Korean automakers launched new sports utility vehicles IN US

South Koreans hold record debt while the nation's workforce is shrinking

At 88.4 per cent of 2015 GDP, South Korea's household debt even exceeds that of the United States and Japan