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South Korea’s Political Uncertainty Index Returns to Pre-Crisis Levels After Presidential Election

South Korea’s Political Uncertainty Index Returns to Pre-Crisis Levels After Presidential Election

SEOUL, June 6 (Korea Bizwire) — Political uncertainty in South Korea has eased sharply following the June 3 presidential election, returning to levels not seen since before last year’s state of emergency declaration, according to data released by the Bank of Korea. The central bank reported that the nation’s Political Uncertainty Index stood at 1.5 [...]

Korean Economy Faces Risk of Prolonged Slow Growth Amid Political Uncertainty

Korean Economy Faces Risk of Prolonged Slow Growth Amid Political Uncertainty

SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s economic growth could stagnate at around 1% if political instability continues, warns a report by the Hyundai Research Institute. Released on Sunday, the report highlights both domestic and international risks weighing on Asia’s fourth-largest economy, which is already grappling with weakening market confidence. Political and Economic Pressures Domestically, [...]