The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.
By Sung Won Sohn
The author is professor of finance and economics at Loyola Marymount University and president of SS Economics. He was executive vice...
A state-run research institute projected Korea’s economic growth at 2 percent next year as a slowdown in the overall consumption and investment in the...
Korea’s gross domestic product (GDP) grew 0.6 percent in the April-June period from the previous quarter, remaining unchanged from the earlier estimate.
Second-quarter expansion was...
Gyeonggi last year overtook Seoul in terms of regional economy for the first time since 1998, when the government started gathering data.
According to Statistics...
