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OECD: Still too early to ease economic support despite inflation spike
A rapid rebound in global growth is on track but it is too early for governments and central banks to withdraw exceptional support for their economies despite a spike in inflation, the OECD said on Tuesday in an update of its economic outlook.
South Korea posts worst growth in two decades
South Korea recorded its worst growth in more than two decades in 2020, the central bank said Tuesday, but it is expected to be among the best-performing OECD economies in the wake of the coronavirus pandemic.
South Korea fares better than other OECD members in Q2
South Korea performed relatively better in terms of economic growth over the second quarter of the year compared to other members of the Organization for Economic Cooperation and Development (OECD), data showed on Sunday.
Governments should avoid COVID spending cuts and tax rises: OECD
Governments must resist imposing spending cuts and hefty tax rises before their economies have recovered from the effects of coronavirus lockdowns, a leading global think tank has warned.
OECD raises South Korea's 2020 growth outlook
South Korea's economy is likely to shrink less than expected this year thanks to its successful response to the coronavirus pandemic, the Organization for Economic Cooperation and Development (OECD) said.
Virus splinters global economy, exposing inequality fault lines
The coronavirus pandemic is splintering the world economy, and its impact on businesses and the most vulnerable will require extraordinary government action, the OECD warned.
New warning on global economic slowdown
The leading international economic organization warned that risks to the global outlook have increased.
OECD urges Australia to step up carbon emissions cuts
Australia needs to cut carbon emissions more sharply to meet its 2030 Paris Climate accord target, the Organization for Economic Cooperation and Development (OECD) warned, contradicting claims by the country’s conservative government that the goal will be easily met.
OECD report warns Australia to prepare for housing market downturn
Although Australia's economy is continuing to grow and has demonstrated its resilience to shocks over the past number of decades, a new report by the Organization for Economic Cooperation and Development (OECD) on Monday warned Australia that its housing market could be a source of ‘vulnerability’.
Global growth heading towards fragile soft landing: OECD
Trade tensions and higher interest rates are slowing the global economy, though for now there are no signs of a sharp downturn, the OECD said on Wednesday, lowering its outlook for next year.
Spain's economic growth to slow down: OECD
Spain's economic growth will slow down, the Organization for Economic Cooperation and Development (OECD) warned in its latest index.
OECD cuts global growth forecast on high uncertainty
Growing uncertainty triggered by escalating trade tensions and political risks would cloud global growth outlook, the Organization for Economic Cooperation and Development (OECD) warned, expecting weaker economic performance for the 2018-19 period.
OECD: German upswing remains robust despite US tariff threat
Germany’s economic upswing remains strong despite the threat of protectionist US trade policies and the government should use its budget surplus to increase investment to help to reduce its large current account surplus, the OECD said.
South Korea's Q1 growth ranks 5th among OECD nations
South Korea's economic growth rate ranked fifth among members of the Organization for Economic Cooperation and Development (OECD) in the first quarter of the year, a sharp turnaround from three months earlier, OECD data showed on Sunday.
South Korea's leading economic indicator  drops below break-even line: OECD
A leading index that gauges the direction of South Korea's economy fell below the break-even 100 mark in the first two months of this year, which could bode ill for Asia's fourth-largest economy going forward, official data showed on Sunday.

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