News from South Korea Economy
Stay current with all the latest and breaking news about South Korea Economy, compare headlines and perspectives between news sources on stories happening today. In total, 478 stories have been published about South Korea Economy which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news about South Korea Economy, compare headlines and perspectives between news sources on stories happening today. In total, 478 stories have been published about South Korea Economy which Ground News has aggregated in the past 3 months.
Suggest a source
Looking for a source we don't already have? Suggest one here.Top South Korea Economy News
Latest News Stories
Central Bank · South KoreaThe Central Bank of South Korea lowered the growth forecast for the country's economy next year from 2.2% to 2.1% in its previous estimates last August. The South Korean agency “Yonhap” reported on Thursday that the bank's expectations are lower than those of the International Monetary Fund, the Asian Development Bank and the Korean Development Institute at 2.2%, and agreedSee the Story
South Korea cuts its economy growth forecast next year to 2.1 percent
Stock Markets · SeoulSouth Korean stocks started lower Thursday, as investors are waiting for the central bank's key rate decision later in the day. The benchmark Korea Composite Stock Price Index lost 7.98 points, or 0.32 percent, to 2,511.83 in the first 15 minutes of trading. In a rate-setting meeting, the Bank of Korea is widely expected to keep the rate unchanged at 3.5 percent. Major shares went south, with market bellwether Samsung Electronics falling 0.28 pe…See the Story
Seoul shares open lower ahead of BOK's rate decision
100% Right coverage: 1 sources
Trade · South KoreaSouth Korea, a bellwether for global trade, is the first major exporting economy to report monthly trade figures. Outbound shipments from Asia's fourth-biggest economy are expected to have risen 4.7% in November. That would be a little slower than an increase of 5.1% in October, the first year-on-year gain in 13 months.See the Story
South Korea's Nov exports to rise for second month but at slower pace : Reuters Poll
100% Center coverage: 1 sources
Stock Markets · South KoreaSouth Korean stocks have been hidden gems in the Asia-Pacific equity markets, attracting little attention and remaining undervalued. However, according to Goldman Sachs, this could soon change as these stocks offer significant potential for earnings growth in 2024. Goldman Sachs forecasts that the earnings per share (EPS) for South Korean stocks will rebound by 54% in 2024 and grow an additional 20% in 2025. The recovery is primarily driven by …See the Story
New Opportunities for South Korean Stocks Predicted by Goldman Sachs
100% Center coverage: 1 sources
Stock Markets · SeoulSouth Korean stocks opened a tad lower Wednesday ahead of the central bank's rate-setting meeting. The benchmark Korea Composite Stock Price Index (Kospi) lost 11.02 points, or 0.44 percent, to 2,510.74 in the first 15 minutes of trading. Overnight on Wall Street, US stocks climbed modestly on a dovish comment by a Federal Reserve official, with the Dow Jones Industrial Average edging up 0.24 percent and the Nasdaq Composite adding 0.29 percent.…See the Story
Seoul shares start lower ahead of key rate decision
100% Right coverage: 1 sources
European Union · South KoreaSouth Korea is heavily dependent on the US for security, relying on the Mutual Defense Treaty signed after the Korean War in 1953. China holds leverage over South Korea as its biggest export market, but also as a source of critical raw materials that South Korean industry needs. South Korea is trying to diversify its trade relations and reduce vulnerabilities and economic dependence.See the Story
South Korea’s 'US for security, China for economy' strategy no longer working
100% Left coverage: 1 sources
Stock Markets · SeoulDespite South Korea's remarkable economic progress over the past decades, major companies here are still grappling with the weight of the so-called Korea discount in the stock market, a phenomenon where their equities are undervalued compared to global peers.See the Story
Why are major South Korean stocks persistently undervalued?
100% Left coverage: 1 sources
