South Korea sharply cuts growth forecast for 2025

South Korea sharply cuts growth forecast for 2025 after martial law fiasco
South Korea's government trimmed its economic growth forecasts for 2025 amid political turmoil following President Yoon Suk Yeol’s martial law decree. Korea's Ministry of Economy and Finance said on Thursday that it now projects a growth rate of 1.
South Korea's Yoon, facing unprecedented arrest over martial law, vows to 'fight until end'
The impeached president faces an attempt by authorities to arrest him over his short-lived Dec. 3 martial law.
South Korea Clears Way to Detain President in Martial Law Inquiry
The police are investigating whether President Yoon Suk Yeol tried to lead an insurrection when he declared martial law and plunged the country into crisis.
South Korea Sharply Trims GDP Forecast After Martial Law Fiasco
South Korea sharply cut its economic growth forecasts for this year, reflecting the fallout from impeached President Yoon Suk Yeol’s martial law debacle and the clouds hanging over the trade-reliant nation from Donald Trump’s tariff plans.
South Korea court approves arrest of President Yoon in martial law investigation
The arrest warrant for an incumbent president is unprecedented, and deepens the political crisis that has engulfed South Korea.
Korea cuts 2025 growth forecast to 1.8% from 2.2% due to weak export outlook
The Korean economy is expected to grow 1.8 percent this year, the finance ministry said Thursday, marking a significant downgrade from the previous forecast of 2.2 percent made in July last year.
Low-growth trap: Experts predict South Korea’s economy to slow below 1.8% in 2025
South Korea is headed for another year of weak growth, with over 85% of 34 economists and experts predicting the country’s annual gross domestic product growth falling short of 2% in 2025. Experts note that Korea has entered a low-growth phase,
Facing imminent arrest, South Korea's Yoon urges supporters to fight on
Tensions ran high near the residence of impeached South Korean President Yoon Suk Yeol Thursday, as rival protesters clashed ...
Impeached South Korean president issues defiant message as he faces possible detention
Impeached South Korean President Yoon Suk Yeol, in a letter to conservative supporters rallying outside his Seoul residence, ...
Channel NewsAsia Singapore4h
South Korea's impeached president resists arrest over martial law bid, vows to 'fight until end'
Yoon Suk Yeol has gone to ground but remained unrepentant as the crisis has rolled on, issuing a defiant message to his base ...
South Korea martial law lifted, but democracy tarnished as President Yoon Suk Yeol faces likely impeachment
South Korea is reeling over a shock martial law declaration by President Yoon Suk Yeol, whose short-lived gamble will have ...
South Korean authorities seek warrant to detain impeached President Yoon in martial law probe
South Korean law enforcement officials have requested a court warrant to detain impeached President Yoon Suk Yeol as they ...
South Korea's Yoon, facing unprecedented arrest over martial law, vows to 'fight till end'
South Korea's impeached President Yoon Suk Yeol has sent a letter rallying his supporters saying he would "fight till the end ...