South Korea's acting President Choi Sang-mok on Wednesday said he hoped for a swift agreement within the country's parliament on an extra budget to support an economy struggling with slowing domestic demand and heightened external uncertainty.

W HEN SOUTH KOREA’S president, Yoon Suk Yeol, sent troops streaming into the country’s National Assembly on December 3rd, Lee Jae-myung turned on his livestream. Viewers watched on a shaky smartphone camera feed as the head of the country’s largest opposition force,

South Koreas acting President and Finance Minister, Choi Sang-mok, has called for swift parliamentary approval of a supplementary budget to support the struggling economy. The country faces weakening domestic demand

South Korea's free trade agreement with the United States could help mitigate its exposure to reciprocal tariffs threatened by U.S. President Donald Trump, economists at two major investment banks have said.

South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in four months, expressing concern about the potential impact of U.S. President Donald Trump’s expanding tariffs.

He said, however, the tariffs may offer opportunities for Korean companies to find new export markets. South Korea will "actively consider" whether there is room for negotiation on the tariffs with the United States,