Daily Archive: June 24, 2020

Korea becomes more trade-dependent in 2018: BOK

SEOUL, South Korea’s economy continued to become more trade-dependent in 2018, with imports accounting for more than 14 percent of overall supplies here, a central bank report showed Wednesday. The...

IMF forecasts S. Korea’s economy to shrink 2.1 pct

SEJONG, The International Monetary Fund (IMF) said Wednesday that South Korea’s economy will shrink 2.1 percent this year due to the coronavirus pandemic. The IMF’s latest forecast represented a sharp...