-
15:24[From the Scene] Gigantic Olive Young store lures young trend-setters in Seongsu
-
15:22Korean Air offers special flights for mileage users
-
15:20Explore last-minute fall getaways in Danyang
-
15:20Anti-foreign spying bill awaits final vote
-
15:16Seoul’s department stores dazzle in festive holiday competition
-
15:14LS, Demark’s CIP join hands for Ulsan wind power project
-
15:07CJ CheilJedang to spur overseas growth with new Hungary, US plants
-
15:05Concerns rise over unchecked prescriptions of Wegovy
-
15:02Nationwide rail disruptions feared as union plans strike from Dec. 5
-
15:00Sejong Univ. ranks 11th globally in hospitality, tourism management
Economy
IMF lowers Korea's 2025 growth outlook to 2%
The International Monetary Fund on Wednesday lowered its economic growth forecast for South Korea to 2 percent next year, down from 2.2 percent projected in October, citing high uncertainties and weak domestic demand. The announcement came after a team of IMF officials led by Korea mission chief Rahul Anand made a two-week visit to Seoul for an annual country meeting with the finance ministry, the Bank of Korea and other institutions to discuss the country's economic policy measures. "