S. Korea's economy grows 1.3 in Q1, matching earlier estimate

Yemen: Supporting Yemeni state economically, politically is investment in security, stability of the world

The Republic of Yemen confirmed that the Houthi militias still constitute the greatest and most dangerous threat to the security and stability of Yemen, the region, the world and international navigation, and that the peace we seek cannot be built with militias that see war, chaos and destruction as a means of survival... underlining that supporting the Yemeni state economically, politically and security is a direct investment in the security and stability of the region and the world.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/13 Time 02:44:57
Latest News:

Prime Minister receives UN Special Envoy to Yemen

Yemeni PM Receives Message from Polish Counterpart

Yemen joins Conference of Transport, Communications Ministers of OIC

Prime Minister meets with UNOPS delegation

Al-Khanbashi praises efforts of UNESCO, its interventions in Hadhramaut

S. Korea's economy grows 1.3 in Q1, matching earlier estimate

[05/06/2024 11:44]

SEOUL-SABA
South Korea's economy grew at the fastest pace in over two years in the first quarter of this 2024 with 1.3 percent.

The S. Korean News Agency (Yonhap) reported that the country's real gross domestic product -- a key measure of economic growth -- increased 1.3 percent on-quarter in the January-March period, matching an earlier estimate, according to preliminary data from the Bank of Korea (BOK).

The first-quarter expansion compares with the 0.5 percent on-quarter expansion in the September-December period and marks the highest since the fourth quarter in 2021, when the economy expanded 1.6 percent.

On a yearly basis, South Korea's economy advanced 3.3 percent in the first quarter, higher than the 2.1 percent growth for the last quarter of 2023.

Last month, the central bank held its key interest rate steady at 3.5 percent for the 11th straight time.