Reported about 14 hours ago
South Korea's economy faced slow growth last quarter, expanding just 0.1% as the impact of President Yoon Suk Yeol's controversial martial law declaration and fears of imminent US trade tariffs undermined consumer confidence. For the entire year, the economy grew 2%, below expectations. Investment and consumer sentiment weakened, while exports marginally increased. Amid political instability and concerns about US policy, finance officials are exploring fiscal measures and adjustments to boost economic performance.
Source: YAHOO