The International Monetary Fund (IMF) projected the global economic growth rate for this year at 3.2% in its 'World Economic Outlook' report released on the 14th. This is 0.2 percentage points higher than the previous,

South Korea raises concerns over Hyundai $11.6 billion U.S. investment amid critical trade and tariff negotiations with Washington.

South Korean Prime Minister Kim Min-seok called today for strict measures against any activities inciting hate and discrimination against foreign tourists

South Korea's central bank kept its key policy rate steady for a fourth straight meeting on Thursday and sounded upbeat on the economic outlook even as the country faced a third wave of coronavirus infections.

Hanwha has said two ships on order will be made almost entirely in South Korea.

LVMH is ramping up its expansion in South Korea, with the luxury conglomerate looking to diversify its global presence as geopolitical and economic uncertainties hurt the consumer spending outlook in the US and China.

Measures imposed in South Korea to blunt a surge in coronavirus cases will hurt Asia's fourth-biggest economy, the government warned on Tuesday, after unprecedented restrictions went into effect in Seoul and surrounding areas.

South Korea began offering visa-free entry for Chinese tourist groups today, a measure it hopes will boost the economy and help improve ties with its

Zhangjiajie National Forest Park in Zhangjiajie, Central China's Hunan Province welcomes a group of South Korean photographers on January 5, 2025. Photo: VCG

SEOUL (Reuters) -South Korea’s industry minister and the chief presidential secretary for policy will travel to the United States on Thursday for follow-up talks on lowering tariffs applied to the Asian country’s goods, the government said on Wednesday.