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Korea sees easing of economic downturn despite external uncertainties: KDI

Korea experienced a gradual easing of an economic downturn despite lingering external uncertainties on the back of a rebound in the production of semiconductors, a state-run think tank said Wednesday. ....

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KDI: Economic Stagnation Easing, External Uncertainties Persist

KDI: Economic Stagnation Easing, External Uncertainties Persist
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Poverty Among Korea's Elderly Highest in the World

Poverty Among Korea's Elderly Highest in the World
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House ownership widens wealth gap between young and old

The wealth gap between younger and older adults has widened over the last few years, largely depending on whether they own houses or not, according to the country’s statistics agency, Wednesday. According to the Statistics Korea’s report, the wealth gap between adults aged 40 and above and adults younger than 40 has widened by 45 percent over the last three years, from 160 million won ($118,000) in 2019 t. ....

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