The funding was first reported by Maeil, citing the investment banking industry. The newspaper said Carlyle Group and SK On had been negotiating detailed terms

Chief executive Hidetoshi Shibata said a shortage of supplies of raw materials in Europe and North America was a greater risk than boosting production in Japan

The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in sops for the computer chips industry

Samsung and SK Hynix are already among the world's top semiconductor brands, but President Yoon seeks to bolster supply chain stability and resources

A total of 15 places, including cryptocurrency exchanges and related offices, were searched on Wednesday

Imports swelled due to a surge in oil shipments from Saudi Arabia and coal and liquefied natural gas (LNG) from Australia

The Japanese giant said on Tuesday that it would partner with Daihatsu and Suzuki to develop smaller electric vans, aiming to begin production next year.

Nancy Pelosi's visit will be the first by a Speaker of the US House of Representatives in 25 years

China's holdings of US government debt fell to $980.8 billion in May, the lowest since May 2010. Yields of US Treasuries slid about 15 basis points during the month.

Japan's aims is to send a clear signal of government backing for the project and bucks moves by West that has prohibited firms from making new investments in Russia

TSMC, a key Apple supplier and the world's largest contract chipmaker, said profit soared by 76% in the April-June period, to T$237 billion ($7.9 billion)

Taiwan is weighing a fine of up to T$25 million ($835,600) on Foxconn for funding struggling Chinese chip conglomerate Tsinghua Unigroup without government approval