Economy

With U.S.-China trade tensions rising, Korea seeks supply chain independence. Mongolia’s rare earth minerals, lithium, and renewable energy could be the key to Korea’s AI, semiconductor, and green energy industries. Can Korea bypass China and invest in Mongolia’s future?

South Korea’s economy is slowing, with growth projections downgraded to 1.5% and interest rates cut to 2.75%. As Trump’s trade policies fuel uncertainty, concerns grow over capital outflows, inflation, and a weaker won. Can fiscal stimulus avert a deeper downturn?

The U.S. faces a financial crisis as debt hits $1.17 trillion and wages stagnate. With 37 million Americans in poverty, rising costs are deepening economic insecurity. Will policy changes like a higher minimum wage and credit card rate caps offer relief, or will financial instability worsen?

South Korea’s economy is facing one of its most challenging periods following the unprecedented declaration of martial law by President Yoon Suk Yeol, a decision swiftly reversed amid public and political backlash. The brief yet impactful episode has not only rattled financial markets but also created ripples of uncertainty

A recent report from Statistics Korea has highlighted a concerning trend in South Korea’s socio-economic landscape: income mobility, a key indicator of social mobility, has become increasingly stagnant. According to the "2017–2022 Income Mobility Statistics," the majority of individuals in the country remain locked within the

South Korea is navigating a perfect storm of economic and political instability as a surge in property foreclosures coincides with rising financial market volatility. November 2024 saw a record-breaking 4,865 foreclosure filings, the highest in over three years, while political unrest has driven the won-dollar exchange rate to its