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South Korea acting president calls for agreement on extra budget amid slowing economy

South Korea's acting President calls for swift parliamentary agreement on supplementary budget to address economic slowdown amid political crisis and external uncertainties.

investing.com • 12/02/2025 - 02:16 AM

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USD/KRW

South Korea GDP grows less than expected in Q4 as political crisis weighs

South Korea's Q4 GDP growth was 0.1%, missing expectations amid political turmoil. Year-on-year growth slowed to 1.2%, prompting calls for further interest rate cuts.

investing.com • 22/01/2025 - 23:27 PM

USD/KRW

South Korean economy sees minimal growth amid political unrest

South Korea's economy grew minimally due to political turmoil affecting demand. The Bank of Korea may cut interest rates amidst stagnant growth and increasing exports.

investing.com • 21/01/2025 - 08:22 AM

USD/KRW

South Korea economy barely grew in Q4; BOK to cut rates in February - Reuters poll

South Korea's economy shows minimal growth amid political turmoil; economists predict interest rate cuts by the Bank of Korea to address sluggish consumer spending and invest confidence.

investing.com • 21/01/2025 - 01:07 AM

USD/KRW

South Korea braces for Trump's policies with biggest-ever export finance support

South Korea announces a record $247.74 billion support package for exporters amid concerns over potential adverse U.S. trade policies under President Trump, particularly affecting semiconductors and batteries.

investing.com • 20/01/2025 - 03:05 AM

USD/KRW

Bank of Korea governor says resolving political turmoil key for economy

South Korea's economic stability relies on political normalization, as recent turmoil affects growth forecasts and currency value. The Bank of Korea holds interest rates at 3.00% amid these challenges.

investing.com • 16/01/2025 - 05:29 AM

USD/KRW

Bank of Korea keeps interest rates unchanged amid political turmoil

The Bank of Korea maintained its interest rate at 3% amid political turmoil and an impeached president, raising concerns over economic growth and potential upcoming rate cuts.

investing.com • 16/01/2025 - 01:12 AM

USD/KRW

Bank of Korea unexpectedly holds policy rate amid won slide

South Korea's central bank unexpectedly holds interest rates steady, reflecting economic concerns and recent turmoil, with expectations of future rate cuts amid weakening currency and growth outlook.

investing.com • 16/01/2025 - 00:58 AM

USD/KRW

South Korean impeached president Yoon Suk Yeol arrested amid martial law investigation

South Korean President Yoon Suk Yeol was arrested following an impeachment over attempts to impose martial law, marking a significant decline in his political career.

investing.com • 15/01/2025 - 10:49 AM

USD/KRW

Foreigners sold South Korean equities last month by most since early 2020

South Korea saw significant foreign capital outflows in December 2023, totaling $3.86 billion due to political uncertainty, impacting both stock and bond markets.

investing.com • 15/01/2025 - 03:28 AM

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