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Foreign direct investment in Korea fell four notches in 2024 from a year earlier, ranking 17th among the world’s top 30 economies, data from the Bank of Korea (BOK) showed Sunday.
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The drop appeared to have been driven by foreign investors scaling back or postponing investments in response to a sharp decline in economic confidence following the Dec. 3 martial law declaration by ousted President Yoon Suk Yeol.
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