The White House announced a plan Wednesday to award Intel Corp. nearly US$20 billion in grants and loans, marking the Joe Biden administration’s largest funding scheme under its initiative to strengthen domestic semiconductor production.
The Departme…
The commander of U.S. Forces Korea (USFK) emphasized the need Wednesday to continue to invest in 28,500 American service members in South Korea through various training programs to defend South Korea against evolving North Korean threats.
Gen. Paul L…
H.E. Dr. CHEM Widhya, Secretary of State of the Ministry of Foreign Affairs and International Cooperation of the Kingdom of Cambodia (MFAIC), visited the Republic of Trkiye on Mar. 19-20, 2024.
According to a press release of the MFAIC, during his st…
South Korean banks’ nonperforming loans continued to grow for a fifth consecutive quarter in the three months ended December, data showed Thursday.
Loans classified as substandard or below (SBL) held by local banks had come to 12.5 trillion won (US$9…
President Yoon Suk Yeol on Thursday pledged a series of measures to expand housing and improve care for senior citizens as the country undergoes rapid aging.
Yoon outlined the measures during a government-public debate held at the headquarters of the…