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South Korea's economy to face major headwinds from Trump's attack on Iran
Updated : 11 months, 2 weeks ago IST
South Korean economy is bracing for the aftereffects of US attacks on three of Iran's core nuclear sites: Fordow, Natanz and Isfahan, according to reports by the Korea Herald.
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South Korean exports expected to continue to decrease in fourth quarter
Updated : 3 years, 6 months ago IST
Although the South Korean economy continued to grow for nine consecutive quarters since March 2020 (2.3 per cent), the growth rate has decreased to a half of the second quarter (0.7 per cent). In particular, trade balance has significantly decreased. Exports increased 1.1 per cent due to dec
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Ukraine crisis expected to have serious impact on S Korea's economy
Updated : 4 years, 3 months ago IST
Seoul [South Korea], March 4 (ANI/Global Economic): The South Korean government predicted that Russia's invasion of Ukraine would have a much more serious impact on Korea's economy than expected.
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US exit from Iran deal to impact South Korean economy
Updated : 8 years ago IST
Seoul [South Korea], May 20 (ANI): South Korea held a meeting on Friday to discuss on reducing the impact of the United States' decision to exit the 2015 nuclear deal with Iran on local economic affairs.
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North Korea's nuclear test suspension brings new hopes for South Korean ec
Updated : 8 years, 1 month ago IST
Seoul [South Korea], April 21 (ANI): North Korean leader Kim Jong-Un's decision to suspend the nuclear tests is likely to improve the geopolitical situation in South Korea as the danger of any impending Korean war upon the latter's economy is said to be alleviated.
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