South Korea has sharply cut its economic growth forecasts for this year, reflecting the fallout from impeached President Yoon ...

The nation's exports last year set a record high of USD 683.8 billion. The Ministry of Trade, Industry and Energy on Jan. 1 ...

South Korea's Ministry of Trade, Industry, and Energy (MOTIE) has announced a KRW36.4 billion (US$24.79 million) investment ...

Amid ongoing political uncertainty at home and abroad, the won (-4.9% in December) and KOSPI (-2.24% in December) were the ...

South Korea's exports advanced 8.2 per cent on-year in 2024 to set a new annual record on robust shipments of semiconductors, data showed on Wednesday. Outbound shipments came to $683.8 billion last ...

Samsung Electronics received direct funding of up to $4.745 billion from the CHIPS Act. The award follows the original preliminary funding announced in April of 2024. The funding will support ...

Former President Jimmy Carter died on Sunday at the age of 100, according to a statement by his son, Chip. Carter, a peanut ...

South Korea has expedited the approval of the Yongin Semiconductor National Industrial Complex. The strategic project aims to ...

SEOUL, South Korea ... in South Korea, focusing on mass protests calling for the ouster of President Yoon Suk Yeol over his failed attempt to impose martial law. North Korea, a nuclear-armed ...

Among Asian countries, China is expected to suffer the brunt of Trump’s policies, plus the country is facing cyclical ...

Korean chipmakers are working to reduce their reliance on China as the United States has announced an investigation into ...

40 kilometers south of Seoul, with a capacity that is sufficient to meet the entire domestic demand, according to the Ministry of Trade, Industry and Energy. Korea has been relying entirely on ...