South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened domestic demand and threatens to further sap growth in a year of rising external risks under a second Trump presidency.

SEOUL, South Korea — Supporters of impeached South Korean President Yoon Suk Yeol are using American symbols to voice their allegiance following his arrest due to a failed attempt to impose martial law last month.

The anemic quarterly growth figure points to an economy already in a weakened state, with the prospect of tariffs clouding the outlook for exports, a key engine of growth.

South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt by the country's worst political crisis in decades, advanced central bank estimates showed on Thursday.

South Korea's economic growth slowed in the final quarter of 2024, with political instability, including the brief declaration of martial law by President Yoon Suk Yeol, contributing to a significant dip in consumer confidence and domestic demand.

A month after South Korean President Yoon Suk-yeol's astonishing decision to impose martial law, the country is still deep in political turmoil. But if the opposition Minjoo (Democratic) Party ends up taking power,

In the shadow of Seoul's centuries-old Gwanghwamun Gate, young businesswoman Shin Ji-young wears a rainbow headband and waves a flag criticising South Korea's impeached president alongside thousands of protesters.

Political turmoil over impeached President Yoon Suk Yeol, who failed a martial law attempt in December, and sluggish domestic demand weighed on Asia’s fourth-largest economy.

The South Korean economy posted weaker-than-expected growth last year amid slowing export growth, sagging domestic demand and a political crisis, central bank data showed Thursday. The country's real gross domestic product -- a key measure of economic growth -- increased 2 percent in 2024,