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Household debt will be the largest downside risk to the Korean economy in 2024. Falling exports driven by China s slowdown and weakening consumer spending will also be among headwinds for the export-dependent country. Still, the worst of the chip downcycle is coming to an end and improvement in the sector is expected to boost exports in the months to come.
Household debt will be the largest downside risk to the Korean economy in 2024. Falling exports driven by China s slowdown and weakening consumer spending will also be among headwinds for the export-dependent country. Still, the worst of the chip downcycle is coming to an end and improvement in the sector is expected to boost exports in the months to come.
Oct 29 marks the first anniversary of a devastating tragedy in Seoul’s clubbing district that took the lives of 159 people who were there to celebrate Halloween. The Straits Times finds out how the victims’ parents, survivors, and businesses are coping.
More than 2,000 people participated in the Sky Run marathon running up 2,917 steps to the observatory of the country s tallest building, Lotte World Tower, Lotte Property & Development (Lotte P&D) said on Sunday.