“By launching the fund with the extra tax revenue, we aim to make bold investments for the future, creating future growth engines, addressing K-shaped polarization, and supporting housing, startups and jobs for those in their 20s and 30s."

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