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Americans’ sharply divergent economic experiences, rooted in soaring wealth inequality and many other hardships, including the rising costs of health care and college, will only compound the challenge.
Korea's fiscal deficit grew markedly during the first eight months of 2024 amid weak corporate performances, the Finance Ministry said Thursday.
The United States' trade deficit with Korea came to $34.08 billion in the first half of 2024, raising concerns that a win for former President Donald Trump might mean retaliatory policies.
From a shift to a younger demographic that prioritizes experiential spending to economic stagnation in neighboring China, here are the shifting tourism trends that impact Korea's business and economy.
Korea recorded its biggest deficit in tourism in five years as more Koreans traveled abroad than the number of visiting foreigners, who brought with them changed spending habits.
Korea's national debt last year hit a record high of 1,126.7 trillion won ($826.6 billion), accounting for more than 50 percent of the country's debt-to-gross domestic product.
We must go back to Manago’s advice to Korean bureaucrats to take action before it’s too late.
Korea's exports fell 1 percent on-year in the first 20 days of January, with exports of chips, ships and automobiles increasing but wireless communication devices and petroleum product exports decreasing
Korea's national debt inched closer to 1,110 trillion won ($824 billion) as of late November, and the fiscal deficit logged on-month growth, data showed Thursday.
China has surpassed Germany as the top EV exporter to Korea. Chinese-made Teslas and electric buses have contributed to the increase in sales.
Korea JoongAng Daily Sitemap