S. Korean economy grows 1 pc in 2025; Q4 GDP contracts 0.3 pc IANS | 22 Jan, 2026 The South Korean economy expanded 1 per cent last year, driven by robust exports, but posted negative on-quarter growth in the fourth quarter amid a slump in the construction sector, central bank data showed on Thursday.
World leaders from government, business, civil society and academia have convened in Davos to engage in forward-looking discussions to address global issues and set priorities. The call for bold collective action makes the meeting particularly relevant, according to the World Economic Forum (WEF).
South Korea's exports of automobiles reached an all-time high of $72 billion last year thanks to the strong overseas demand for eco-friendly vehicles and used cars, government data showed on Thursday.
As part of its push for more fair and balanced trade with APEC partners, the United States hosted a regional roundtable of the APEC Alliance for Supply Chain Connectivity (A2C2) in Mexico City.
Around 40 per cent of South Korean manufacturers expect economic conditions to deteriorate this year amid increased volatility in the foreign exchange (FX) market, a poll showed on Tuesday.
