South Korea's economy grew just 1% in 2025, lowest in five years

Asia's fourth-largest economy has struggled with sluggish demand, a troubled housing market and the fallout of former president Yoon Suk Yeol's martial law declaration, which plunged the country into political chaos. Last year's one percent growth was the slowest since 2020, when the economy shrank following the outbreak of Covid-19. Exports were a bright spot, rising by 4.1 percent, the country's central bank said, while imports were up 3.8 percent. "The growth of exports continued and the growth...