South Korea's ruling Democratic Party and government agreed Tuesday to prioritize active fiscal policy and investment in future industries, including artificial intelligence, in the 2027 budget. DP fl…
South Korean President Lee Jae Myung is likely to meet Samsung Electronics Chairman Lee Jae-yong this week to discuss the country's three mega projects centered on semiconductors and artificial intell…
South Korean Foreign Minister Cho Hyun met Mexican counterpart Roberto Velasco in Seoul on Monday to discuss expanding bilateral cooperation, including in artificial intelligence, space, education and…
South Korean Foreign Minister Cho Hyun met with Mexican counterpart Roberto Velasco in Seoul on Monday to discuss expanding cooperation in artificial intelligence, energy security, and other areas, as…
South Korea's government under President Lee Jae Myung is creating a 'Future Response Fund' to channel unexpected semiconductor tax revenues into youth employment, housing, startups, and AI infrastruc…
President Lee Jae Myung met with SK Group Chairman Chey Tae-won over dinner on Thursday, with the two presumed to have discussed South Korea's three mega projects centered on semiconductors and artifi…
South Korea's KOSPI index plunged nearly 40 percent from its June peak, erasing billions in paper wealth for millions of novice investors who had piled into AI-driven chip stocks, with margin loans re…
President Lee Jae Myung said Tuesday he will pursue growth and inclusion as the two pillars of his administration, carrying on the legacy of the late former President Kim Dae-jung, in a message read a…
President Lee Jae Myung has reopened a debate on Korea's multiple-choice national college entrance exam, with the National Education Commission considering constructed-response and essay questions, bu…
South Korean President Lee Jae Myung's government has launched an industrial policy strategy to promote semiconductors, AI infrastructure, robotics and other frontier industries, aiming to bolster fut…
South Korea's Ministry of Trade, Industry and Resources announced a strategy on Wednesday to build seven next-generation industries, including quantum technology, nuclear fusion, and small modular rea…
President Lee Jae Myung on Thursday called for a swift overhaul of South Korea's conscription system to introduce a 'selective voluntary enlistment system' that retains universal service while expandi…
President Lee Jae Myung said Wednesday that South Korea should identify and nurture seven future industries as new growth engines and strategic national assets, including small modular reactors, nucle…
South Korea's KOSPI surged 75.89 percent in 2025, the strongest performance among major markets, driven by the artificial intelligence boom and President Lee Jae Myung's corporate governance reforms. …
President Lee Jae Myung on Tuesday called for accelerating construction of a presidential office in Sejong, aiming to relocate key government functions from Seoul, and reiterated his push for three ma…
President Lee Jae Myung on Tuesday called for large-scale strategic investments in future industries, including small modular reactors (SMRs), renewable energy, quantum computing, aerospace, and advan…
South Korea announced the creation of the Future Response Fund on July 5, a vehicle that will channel surplus semiconductor tax revenues into chips, physical AI, and AI data centers, as part of a broa…
South Korea will consult the United States on relocating US military facilities from Gwangju Air Base by mid-2028 to develop the site as a semiconductor industrial complex, Cheong Wa Dae said Monday. …
President Lee Jae Myung ordered the relocation of military operations from Gwangju Air Base to other airfields by mid-2028 to accelerate construction of a second semiconductor belt in the Honam region…
President Lee Jae Myung will preside over a meeting Monday at 2 p.m. to discuss the prompt implementation of a large-scale investment initiative for semiconductor manufacturing facilities and AI data …