The Joe Biden Administration is expected to begin handing out subsidies to top semiconductor companies in the coming weeks, according to a WSJ report
South Korea does not recognise cryptocurrencies as financial assets and has laws that effectively prohibit ETFs linked to virtual assets
A tanker was reportedly seized on Thursday by armed men near Oman and headed toward Iran; attacks on vessels near the Red Sea are taking a toll on global commerce.
Many automakers have sold their assets in Russia for a nominal fee, but included buyback options that could one day allow them to return
Concerns about a more aggressive China and the nuclear ambitions of North Korea have forced the two key nations to rebuild relations
Seoul’s Ministry of Trade has urged its citizens to remain calm if they meet robots delivering parcels or on patrol on its sidewalks
The ban is aimed at promoting a "level playing field" for retail and institutional investors, South Korean financial authorities said
US Senate leader Chuck Schumer’s bipartisan congressional delegation hopes to meet Chinese President Xi Jinping, ahead of visits to South Korea and Japan
The extension would mark an end to business uncertainty for South Korea’s Samsung Electronics and SK Hynix who have invested billions in their chip fabs in China
Top South Korean chipmakers Samsung and SK Hynix currently have permits to import US chip-making equipment into China, where they have extensive production facilities
But analysts warned China might struggle to move the needle into the green any time soon amid uncertain household income expectations
The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles