Inflation Reductin Act

South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...

The European Union’s decision to go greener with batteries that cut carbon emissions and promote recycling comes with a few caveats, posing a ...

South Korean instant noodle makers are considering price cuts for the first time in 13 years pressured by the government, which aims to further ease...

South Korea’s headline inflation fell for a fourth straight month in May to a 19-month low amid continuous signs of a slowdown in Asia’s...

South Korea's Kia Corp. is offering discounts of up to $7,500 in the US for leasing its electric compact crossover SUV line EV6 to boost its price c...

National Pension Service (NPS) in South Korea, the world’s third-largest pension fund, saw its returns on alternative investments last year un...

South Korea's electric vehicle (EV) battery maker SK On and the American graphite company Westwater Resources will jointly develop anode materials f...

South Korea's expected inflation has hit a record low of 3.7% in 11 months in April 2023. While the consumer price index rose by 4.2% last month, wh...

Inflation has hit almost every corner of the real economy in South Korea, and the country’s popular summer dessert bingsu is no exception, wit...

South Korea's mobile game market experienced a decline in 2022, with both downloads and spending decreasing, according to a report by data analytics...

South Korea’s central bank was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...

Former US Deputy Secretary of State Stephen Biegun will hold talks with Chairman Choi Jeong-woo of South Korea’s POSCO Group.They will discuss...

The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...

 WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the US CHIPS and Science ...

South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...

When the US Commerce Department announced the guardrail clauses on the CHIPS and Science Act earlier this week, South Korea’s government offic...

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

South Korea’s answer to the US CHIPS and Science Act is on course for National Assembly approval by the end of this month as the ruling and op...

SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufactur...

Since Japan resumed visa-free travel for South Koreans in October last year, South Koreans have been flocking to the neighboring country.But the num...

South Korean central bank chief on Tuesday defied calls for an interest rate cut this year despite growing risks of a recession in Asia’s four...

South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manufacturers as early a...

South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...

South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...

South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...

WASHINGTON D.C. – The Biden administration’s “Chips for America” program aims to keep China’s growing clout in the sem...

South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...

SK Signet Inc., an affiliate of South Korea's SK Group that makes and sells electric vehicle (EV) chargers, on Monday said it received its first ord...

South Korea’s central bank held its policy interest rate unchanged on Thursday as it slashed forecasts for economic growth and inflation altho...

Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...