[SEOUL] The coronavirus pandemic pushed South Korea's economy into its biggest contraction since 2008 in the first quarter, as self-isolation measures hit consumption and global trade slumped.

[SEOUL] South Korea will draw up a 7.1 trillion won (S$8.28 billion) second supplementary budget to fund emergency cash payments to many families to ease the fallout from the coronavirus outbreak...

VIRUS OUTBREAK

SOUTH Korea on Tuesday doubled a planned economic rescue package to 100 trillion won (S$116 billion) to save companies hit by the corona-virus and put a floor under crashing stocks and bond...

[SEOUL] South Korea's finance minister said on Monday that he expects the rate of decline in December exports to be significantly lower than in recent months.

[SEOUL] South Korea’s consumer prices fell for the first time in September, underscoring the hit to domestic demand as the economy grapples with falling exports.

[SEOUL] South Korea on Friday said it plans to raise the nation's minimum wage by the smallest amount in a decade, as large increases in the past two years backfired on the government with the...

[SEOUL] South Korea's economy unexpectedly shrank in the first quarter, marking its worst performance since the global financial crisis, as government spending failed to keep up the previous...

[SEOUL] South Korean factory activity expanded for the first time in seven months in September, as output recovered from a slump and new orders picked up pace even though export sales contracted...