A top official says the government will use the "Future Response Fund" to help finance major national investment projects and strengthen the country's long-term competitiveness.

South Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boost growth engines, and support younger…

The Lee Jae Myung administration plans to create a new investment fund financed by a tax windfall from the semiconductor boom. The proceeds will be channeled in