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Stepping into Seoul's abandoned subway spaces: The ghostly remnants of national upheavals

Scattered throughout the capital's labyrinthine network hide platforms and concourses largely closed off to the public, tracing history that never came to be.

2026.7.15

Thomas Helbling attends the 2026 annual IMF/World Bank Spring Meetings in Washington, D.C., U.S., April 16, 2026. [REUTERS/YONHAP]

IMF projects $2.5 billion in 2026 net income despite high uncertainty

The International Monetary Fund (IMF) said Friday that its board expects net income of about $2.5 billion in the 2026 financial year, following the annual review of its income position for the year ended April 30.

2026.5.9

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IMF projects Korea's real GDP per capita to lag behind Taiwan's by over $10,000 in five years

Korea’s real GDP per capita is projected lag behind Taiwan's by more than $10,000 in five years, according to forecasts released by the International Monetary Fund (IMF) earlier this week.

2026.4.19

Thomas Helbling attends the 2026 annual IMF/World Bank Spring Meetings in Washington on April 16. [REUTERS/YONHAP]

IMF says Korea has 'substantial' energy buffers despite vulnerabilities

The International Monetary Fund (IMF) said Thursday that Korea has "substantial" energy buffers, although it has vulnerabilities stemming from energy supply disruptions caused by the U.S.-Israeli war against Iran.

2026.4.17

Korea's medium-term debt outlook shows improvement, says IMF report

Korea's medium-term debt outlook has improved slightly compared with previous projections, an International Monetary Fund (IMF) report said Thursday.

2026.4.16

IMF maintains Korea's growth outlook despite Iran war, rising inflation risks

Korea’s growth outlook held steady despite the Iran war, but inflation risks surged as the International Monetary Fund (IMF) raised its price forecast and warned of mounting global uncertainty.

2026.4.15

Rhee Chang-young, governor of the Bank of Korea, answers questions about the won at the National Assembly on Feb. 23. [YONHAP]

BOK chief to attend BIS governors' meeting, IMF gathering

Bank of Korea Gov. Rhee Chang-yong will depart for Switzerland this week to attend meetings of central bank governors from member nations of the Bank for International Settlements (BIS), his office said Tuesday.

2026.3.3

Containers are loaded at a port in Pyeongtaek, Gyeonggi, on Jan. 9. [NEWS1]

IMF raises economic growth outlook for Korea to 1.9%

The International Monetary Fund (IMF) raised its economic growth outlook for Korea this year to 1.9 percent, up 0.1 percentage point from the October 2025 forecast, amid the global surge in AI investment and accommodative financial conditions.

2026.1.19

Foreign visitors exchange currency at a money exchange in Myeongdong, central Seoul on Jan. 18. [NEWS1]

Korea's won-dollar exchange rate faces volatility risk during global turmoil, IMF report warns

Korea’s won-dollar exchange rate could become highly volatile during global financial turmoil because the country holds large amounts of dollar assets that are sensitive to exchange rate changes, the IMF said in a report.

2026.1.18

IMF recommends raising Korea's retirement age, overhaul seniority-based wages

The International Monetary Fund (IMF) has recommended that Korea raise its official retirement age to 65, but only if accompanied by structural reforms — increasing the pension eligibility age to 68 and overhauling the seniority-based wage system.

2025.11.26