South Korea’s opposition People Power Party criticized President Lee Jae-myung for remaining silent on trade issues after the U.S. Supreme Court ruled Trump-era reciprocal tariffs illegal, urging the government to present concrete strategies as diplomatic leverage weakens.
#YonhapInfomax #PeoplePowerParty #PresidentLeeJaeMyung #ReciprocalTariffs #USSupremeCourt #TradeRisks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=106126
KDI Raises Growth Forecasts for 2024 to 0.9% and for 2025 to 1.8% on Semiconductor Strength
South Korea's KDI raised its 2024 GDP growth forecast to 0.9% and 2025 to 1.8%, citing strong semiconductor exports, but warned of trade and FX risks.
South Korea’s leading business groups welcomed the Lee Jae-myung administration, urging unified national efforts and regulatory reforms to drive economic recovery amid global trade headwinds and domestic challenges.
#YonhapInfomax #LeeJaeMyung #KCCI #FKI #EconomicRebound #TradeRisks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=66022
[Lee Jae-myung Administration] Business Groups Urge 'Mobilize National Capabilities for Economic Rebound' (Comprehensive)
South Korea’s leading business groups welcomed the Lee Jae-myung administration, urging unified national efforts and regulatory reforms to drive economic recovery amid global trade headwinds and domestic challenges.
South Korea’s leading business groups urged President Lee Jae-myung’s new administration to swiftly improve the corporate environment and revitalize manufacturing, citing urgent challenges from global trade risks and domestic economic headwinds.
#YonhapInfomax #LeeJaeMyung #FederationOfKoreanIndustries #BusinessEnvironment #KManufacturing #TradeRisks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=66002
[Lee Jae-myung Administration] Business Groups Urge Swift Action to Improve Corporate Environment and Revitalize K-Manufacturing
South Korea’s leading business groups urged President Lee Jae-myung’s new administration to swiftly improve the corporate environment and revitalize manufacturing, citing urgent challenges from global trade risks and domestic economic headwinds.
South Korea's Acting PM Han Duck-soo announces plans to submit a 12.2 trillion won supplementary budget bill to the National Assembly, emphasizing swift approval for economic recovery and disaster response.
#YonhapInfomax #SupplementaryBudget #EconomicRecovery #NationalAssembly #DisasterResponse #TradeRisks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=59334
IMF Chief - 'US Tariffs Pose Significant Risk to Global Outlook'
IMF chief warns of US tariffs' potential impact on global economic outlook, highlighting significant risks to international trade and growth prospects
S&P - 'US Tariffs Burden Korean Firms - Risks for Auto, Industrial Machinery, Semiconductor Sectors' (Update)
S&P Global warns of US tariff risks for Korean firms, particularly in auto, machinery, and semiconductor sectors, amid growing trade surplus and policy shifts
South Korean Acting President Choi Sang-mok pledges to use all available regulatory and financial measures to curb rising housing prices, particularly in Seoul, while announcing plans to support new growth industries with substantial policy financing.
#YonhapInfomax #HousingPrices #RegulatoryMeasures #NewGrowthIndustries #PolicyFinancing #TradeRisks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=54645
Yonhap Infomax News