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  Surge in S. Korea’s growth expectation prompts economic forecast revisions

  of 0.5-0.6% per quarter were expected this year. However, since the first quarter exceeded these targets significantly, revisions are now underway. A Ministry official stated, “As long as the growth rate for the second to fourth quarters does not...

  2024.04.29
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  DP's Lee poised to tighten grip as new National Assembly kicks off

  for their first general meeting at the legislature, where DP Supreme Council member Jang Kyung-tae laid out proposed revisions to the DP’s constitution and regulations. Although current DP rules stipulate that the party chairperson must step down...

  2024.05.30
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  BOK raises GDP growth forecast to 2.5%, holds interest rate steady

  demand. Inflation is expected to come in at 2.6 percent this year, unchanged from the previous projection. The latest revisions coincided with the central bank's rate-setting meeting on Thursday, during which the interest rate was kept unchanged...

  2024.05.23
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  Explainer: How Korea notched the second-biggest GDP upgrade after the U.S.

  than-expected rebound in the Chinese economy seem to have played roles." Investment banks have also made quite the revisions: Barclays raised the figure from 1.9 percent to 2.7 percent, Goldman Sachs from 2.2 percent to 2.5 percent, J.P. Morgan...

  2024.05.28

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