South Korea fourth-quarter GDP grows at its slowest pace in six quarters, missing expectations

The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s economy expanded 1.2% year on year in the fourth quarter, marking its slowest expansion since the second quarter of 2023. Advance figures missed the 1.4% expansion expected by economists polled by Reuters, and the growth was also softer compared with the 1.5% rise … Read more

South Korea’s impeached President Yoon Suk Yeol arrested, local media reports

SEOUL, SOUTH KOREA – JANUARY 15: Investigators arrive at the entrance to the presidential residence of Yoon Suk Yeol, as authorities try to execute an arrest warrant, in Seoul, South Korea, on January 15, 2025.  Anadolu | Anadolu | Getty Images South Korean president Yoon Suk Yeol was reportedly arrested Wednesday by the country’s Corruption … Read more

Asian markets set to resume trading after New Year’s Day holiday

Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Asian stocks traded mixed on Thursday as several major markets resumed trading after New Year’s Day holiday. China’s Caixin/S&P Global manufacturing purchasing managers’ index for December fell to 50.5, missing economists’ forecast of 51.7 in a Reuters poll. PMI … Read more

Jeju Air, South Korea industrial output

Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were mixed on the penultimate trading day of this year, after Wall … Read more

Tokyo CPI, China industrial profit

Train loaded with coal ready to leave a coal mine belonging to China Energy Investment Corporation on Jan. 14, 2023 in Ejin Horo Banner, Ordos City, Inner Mongolia Autonomous Region of China. Wang Zheng | Visual China Group | Getty Images Asia-Pacific markets were mixed Friday, as some markets return from the Boxing Day holiday … Read more

Singapore manufacturing data on deck

People standing outside astore at Pitt Street Mall in Sydney, New South Wales, Australia, on Boxing Day.  Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher Thursday, with several markets remaining closed for Boxing Day. Japan’s Nikkei 225 rose 0.37%, while the Topix added 0.49%. South Korea’s Kospi inched up 0.12% while the Kosdaq … Read more

Nissan Honda merger, Singapore CPI in focus

Couple looks at light-emitting diode illuminations ahead of Christmas in Tokyo, Japan Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakers Honda and Nissan. The companies, which aim to reach a “final agreement” … Read more

South Korea turmoil after Yoon’s martial fiasco bodes ill for its stock market

People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images South Korean markets have had a dismal … Read more