Economy

Explore the latest economic developments and business insights that shape Busan’s financial landscape. Our Economy Section provides comprehensive coverage and analysis to keep you informed about the forces driving the local and regional economy.

Latest Economy News

South Korea’s Exports in Slump Amid Weak Global Demand and Semiconductor Market

South Korea's early trade data reveals a deepening…

By Maru Kim

South Korea’s Growing Employment Crisis: Record Youth Unemployment and Overwork Issues

South Korea is currently facing two alarming trends…

By Maru Kim

South Korea’s Trade Deficit Hits All-Time High Amid Export Slump

South Korea has recently posted its worst trade…

By Maru Kim

Silicon Valley Bank’s Investment in Long-Dated Bonds Causes Collapse

Silicon Valley Bank (SVB), the preferred bank for…

By Maru Kim

SVB Failure Sparks Concerns of Financial Crisis for US Tech Companies

Silicon Valley Bank (SVB), one of the largest…

By Maru Kim

Singapore edges out Hong Kong in regional financial competition

Hong Kong has been facing a major challenge…

By Maru Kim

South Korea’s Strategies for Sustainable Economic Success Amid Global Challenges.

South Korea's economic success story is widely attributed…

By Maru Kim

Construction Firms Shift Focus to Government Projects in Busan

The sluggish sales market in Busan has resulted…

By Maru Kim

The Unintended Consequences of US Protectionism and Diplomatic Missteps

The recently passed US Chips and Science Act,…

By Maru Kim

Japan’s Real Wages Plummet to Nine-Year Low Amid Inflation Surge

Japan's real wages have fallen by the most…

By Maru Kim