Korea's Growth Momentum to Strengthen Amid Chip Boom: Finance Minister
4 Articles
4 Articles
The world's three major credit rating agencies assessed that the semiconductor and artificial intelligence (AI) boom is supporting South Korea's economic growth despite domestic and external uncertainties such as an aging population and the Middle East war. As the rating agencies showed interest in the government's plans to utilize excess tax revenue, Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il stated that the funds ar…
BANGKOK — Finance Minister Lee Hyoung-il has stressed Korea's economic growth is set to gain further momentum amid the chip supercycle during meetings with officials from global credit rating agencies, his office said Sunday. Lee met separately with senior officials from three global credit rating agencies — Moody's, Fitch and S&P — on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok, ac…
(Bangkok=Yonhap News) Reporter Kim Soo-hyun = The G20 and G7 Finance Ministers and Central Bank Governors Meeting and the International Monetary Fund (IMF) and World Bank (WB)...
The three major global credit rating agencies have reaffirmed Korea's sovereign credit rating as a stable trend.
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