This marked the first contraction in South Korea economy since the fourth quarter of 2020. Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the sector ...

SEOUL (Reuters) - South Korea's economy unexpectedly contracted in the first quarter as exports and consumption stalled amid fears over the impact of Washington's aggressive tariffs, fanning ...

SEOUL (Reuters) -South Korea's economy grew in the third quarter by the fastest pace in a year-and-a-half, central bank estimates showed on Tuesday, helped by strong exports and solid private ...

In 2024, the total research and development (R&D) investment by South Korea's government and private sectors was tallied at ...

Park Jea-gun, a distinguished professor of electronic engineering at Hanyang University, said South Korea's semiconductor ...

From soaring household debt to entrenched labor dualism, inequality – not innovation – has become the defining feature of South Korea’s new economy. South Korea’s post-war economic rise has often been ...

South Korea's GDP contracted 0.1% year on year in the first quarter, according to advance figures, marking the first contraction in its economy since the fourth quarter of 2020. The GDP figure missed ...