Articles
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1 week ago |
money.usnews.com | Jihoon Lee
By Jihoon LeeSEOUL (Reuters) - South Korea's factory activity contracted at the steepest pace in 31 months in April as demand plunged on U.S. President Donald Trump's sweeping tariffs, while firms turned most pessimistic since the pandemic, a private-sector survey showed on Friday.
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1 week ago |
kfgo.com | Joyce Lee |Jihoon Lee
By Joyce Lee and Jihoon LeeSEOUL (Reuters) -South Korea’s parliament approved a supplementary government budget on Thursday of 13.8 trillion won ($9.7 billion) to bolster an economy grappling with weak domestic demand and the potential impact of U.S. tariffs. Leaders of the Democratic Party and the People Power Party had agreed earlier on Thursday to the supplementary budget, which was higher than the government’s proposal of 12.2 trillion won.
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1 week ago |
money.usnews.com | Joyce Lee |Jihoon Lee
By Joyce Lee and Jihoon LeeSEOUL (Reuters) -South Korea's parliament approved a supplementary government budget on Thursday of 13.8 trillion won ($9.7 billion) to bolster an economy grappling with weak domestic demand and the potential impact of U.S. tariffs. Leaders of the Democratic Party and the People Power Party had agreed earlier on Thursday to the supplementary budget, which was higher than the government's proposal of 12.2 trillion won.
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2 weeks ago |
finance.yahoo.com | Jihoon Lee
Unlock stock picks and a broker-level newsfeed that powers Wall Street. Jihoon Lee Mon, Apr 28, 2025, 8:03 PM 2 min read By Jihoon Lee SEOUL (Reuters) - South Korea's exports are expected to have fallen in April, as U.S. President Donald Trump's sweeping tariffs, including those on autos and steel, started to weigh, a Reuters poll found on Tuesday. South Korea is the first major exporting economy to report trade figures each month, providing an early look at the state of global trade.
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2 weeks ago |
theglobeandmail.com | Yim Hyun-su |Jihoon Lee
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