economic growth rate

A buyer who works for the men's fashion division of a South Korean department store had trouble sleeping ahead of the fall sale that ran from Sept. ...

South Korea’s mobile platform giant Kakao Corp. is facing increasing concern over its growth strategies centered on business expansions throug...

Global investors are eyeing infrastructure as the asset class is inflation-protected, providing strong downside protection in times of high volatili...

The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and rate hikes. New ...

South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...

NEW YORK – Investors should stay in the financial market as rising interest rates have put the values of assets such as stocks and bonds at ap...

NEW YORK -- The Federal Reserve will not be able to stem rampant inflation in the US without an economic recession, former Boston Fed President Eric...

South Korean corporate bond issuance in September hit a monthly low this year on souring investor sentiment due to interest rate hikes.Corporate bon...

The phrase “Average is over” topped the list of 10 key phrases suggested by a renowned Korean consumer behavior professor to predict 202...

South Korea’s headline inflation slowed in September for a second straight month on lower oil prices, but the central bank is still predicted ...

The tanking South Korean won currency has stoked doubts over the fundamentals of Asia’s fourth-largest economy, although the government contin...

Studio Dragon Corp., South Korea’s leading drama production house, spent 26 billion won ($18.5 million) on Vincenzo, aired in 2021, and receiv...

Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...

The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks, as the country is h...

Global private equity firm Cinven Ltd. has attracted €550 million ($551.3 million) from South Korean institutional investors for its eighth fla...

There is no doubt that headwinds to economic and market growth are picking up. Globally, supply chain and energy disruptions have contributed to hig...

South Korea’s manufacturing industry accelerated its job growth in August to post its biggest monthly increase in almost a decade, driven by r...

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...

Nongshim Co., South Korea’s No. 1 instant noodle brand, is looking to buy a domestic food supplement maker for up to $50 million, which would ...

BERLIN – Samsung Electronics Co. has made “significant progress” in the company’s merger and acquisition (M&A) efforts, ...

South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...

South Korea’s lawmakers on Thursday passed a resolution to officially express its concerns over the US Inflation Reduction Act (IRA) that remo...

South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...

Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...

National Pension Service (NPS) of South Korea had an 8% negative return during the first half of 2022, its investment management arm announced on Au...

The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...

JACKSON HOLE, Wyo. -- The Bank of Korea plans to raise interest rates until inflation falls to its target level but won't keep pace with the US Fede...

South Korea’s central bank on Thursday delivered its fourth interest rate hike in a row for the first time in its history as the monetary auth...

LG Electronics Inc., the world’s leading home appliance maker, plans to foster talent for its automotive electronics business at South Korean ...

South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV market in the...