3+ hour, 39+ min ago  (226+ words) April 9 (UPI) -- The U. S. Bureau of Economic Analysis revised the rate of economic growth for the fourth quarter of 2025 down Thursday due largely to slower-than-expected investment. The annual rate of growth for gross domestic product was revised downward from 0. 7% to 0. 5% to…...

5+ hour, 5+ min ago  (248+ words) April 9 (UPI) -- Personal incomes in the United States fell by $18. 2 billion in February as inflation maintained a seasonally adjusted rate of 3%, the U. S. Bureau of Economic Analysis reported Thursday. The decrease in personal income is about a 0. 1% drop in spending power....

2+ day, 20+ hour ago  (317+ words) April 6 (Asia Today) -- South Korea's national debt exceeded 1, 300 trillion won ($864. 0 billion) for the first time in 2025, while the government posted a managed fiscal deficit above 100 trillion won ($66. 3 billion) for a second straight year, according to official data released Monday. The…...

2+ day, 21+ hour ago  (236+ words) April 6 (Asia Today) -- South Korea's economy is expected to grow 1. 9% this year, supported by strong semiconductor demand and the government's supplementary budget, according to a regional economic outlook released Monday by the ASEAN+3 Macroeconomic Research Office. The forecast was unchanged…...

6+ day, 5+ hour ago  (298+ words) April 3 (UPI) -- New jobs grew while unemployment held firm in the United States in March, with 178, 000 nonfarm payrolls added, the Bureau of Labor Statistics reported Friday. March was a rebound from a poor February report that showed 133, 000 jobs lost. The…...

6+ day, 19+ hour ago  (340+ words) April 2 (Asia Today) -- South Korea's state-guaranteed debt is projected to more than double this year and exceed 80 trillion won ($60 billion) by 2029, raising concerns about growing fiscal risks, according to a parliamentary report. State-guaranteed debt, which the government must repay if…...

1+ week, 5+ hour ago  (237+ words) SEOUL, April 2 (UPI) -- South Korea's KB Kookmin Bank said Thursday that it held an event at the Bank of Korea to mark the launch of QR payment services in Indonesia. The Seoul-based lender noted that the services will enable its…...

1+ week, 21+ hour ago  (375+ words) April 1 (Asia Today) -- Large crowds gathered at discount stores across Seoul on Tuesday as consumers rushed to take advantage of steep price cuts, highlighting growing pressure from persistent inflation. At an E-Mart store in Seoul's Yongsan district, shoppers lined up…...

1+ week, 6+ day ago  (248+ words) March 26 (Asia Today) -- The Organization for Economic Cooperation and Development cut South Korea's 2026 growth forecast to 1. 7% from 2. 1%, citing the economic fallout from rising energy prices and supply disruptions linked to the conflict in the Middle East. The OECD released the…...

2+ week, 5+ hour ago  (378+ words) March 26 (UPI) -- Chile on Thursday implemented an unprecedented increase in fuel prices, giving the country some of the highest costs in the region and adding upward pressure on inflation. The hike follows an energy crisis linked to the war in…...