The number of bank branches fell for the sixth year in a row in 2024 in line with the popularity of mobile and online banking services, data showed Thursday. South Korean banks ran a total of 5,849 ...

South Korea's central bank said on Monday its economic growth projection for 2025 was estimated between 1.6% and 1.7%, lower ...

The amount of new currency issued ahead of this year's Lunar New Year holiday has recorded the lowest level in the past five ...

War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...

Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic ...

Nomura anticipates South Koreas supplementary budget proposal by early Q3 Nomura forecasts submission of a significant budget ...

After two consecutive rate cuts in the fourth quarter of last year, the Bank of Korea (BoK) opted for a wait-and-see stance ...

South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts ...

South Korea's economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second ...

The Bank of Korea cut its growth forecast for this year as the political turmoil triggered by President Yoon Suk Yeol’s short-lived martial law declaration continues to ripple through the ...

South Koreas economy barely expanded in Q4 2024, with GDP growing just 0.1% quarter-on-quarter, missing the 0.2% forecast, ...

Seoul: South Korea s central bank on Monday slashed its 2025 growth forecast because of the political crisis triggered by ...