Inflation Reduction Act tax credit

South Korea’s SK Chemicals Co. said on Wednesday it has earned sustainability certifications for its nine copolyester product lines from UL So...

The Organisation for Economic Development and Co-operation (OECD) has cut its forecast for South Korea's economic growth next year to 1.8%, down fro...

A total of 103 companies, a mere 0.01% of the total number of corporations in South Korea, are paying more than 40% of the country’s total cor...

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...

Nearly half of South Korea's economists want the inheritance tax abolished, according to a survey.The Korea Economic Association on Thursday release...

Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...

South Korea’s National Pension Service (NPS) is set to receive a tax refund of 30 billion won ($22.4 million) from the US Internal Revenue Ser...

South Korea's companies listed on the main stock exchange Kospi in this year's third quarter saw operating profit drop 26% from the same period last...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

The South Korean won currency on Friday reported the largest daily gain in almost 14 years as lower-than-expected US inflation data bolstered expect...

South Korean economic growth is expected to decline further next year to the slowest level since the COVID-19 breakout while inflation is likely t...

South Korea’s job growth in October fell for a fifth consecutive month to the lowest in eleven months, boosting concerns over a slowdown in As...

The South Korean won on Wednesday hit a two-month high on expectations that a victory by the Republicans in the US midterm elections may slow the Fe...

SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...

The South Korean government and the country’s top automaker Hyundai Motor Co. have requested the US government give Korean carmakers a three-y...

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

Hyundai Motor Co. and Kia Corp., which are gradually increasing their presence in the US market, saw their hybrid vehicle sales reach an all-time hi...

South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...

EcoPro BM Co., South Korea’s leading battery material producer, is set to build a plant in Canada with a $704 million investment in a partners...

South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...

Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...

OCI Co., a leading South Korean solar power cell manufacturer, said on Monday it will invest $40 million to expand the solar cell module production ...

A buyer who works for the men's fashion division of a South Korean department store had trouble sleeping ahead of the fall sale that ran from Sept. ...

South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...

South Korea’s National Pension Service (NPS) is looking for a new chief investment officer (CIO) as former CIO Ahn Hyo-joon’s term ended...

South Korea on Oct. 17 started exempting foreign investors from two types of taxes on Korean treasury bonds and monetary stabilization bonds investm...

SK On Co., a leading South Korean battery maker, said on Wednesday it has signed a long-term contract to procure lithium, a key battery material, fr...

POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...

NEW YORK -- The Federal Reserve will not be able to stem rampant inflation in the US without an economic recession, former Boston Fed President Eric...

Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...