SEOUL South Korea's ride-hailing service Tada, a smash hit since its launch just over a year ago, was cleared of transport law violations in court on Wednesday, a rare victory in a market that has been particularly unkind to ride-hailing companies.
SEOUL, Feb 19 Wednesday is D-day for South
Korea's ride-hailing service Tada, a smash hit since its launch
just over a year ago, as it prepares for a court verdict that
could potentially end its ambitious drive in one of the world's
most tech-savvy economies.
SEOUL South Korean car giant Hyundai Motor has increasingly relied on China to supply auto parts to its manufacturing hub at home in recent years. As the coronavirus spreads, its strategy could be backfiring.
SEOUL Hyundai Motor and sister firm Kia Motors will gradually increase production in South Korea from Feb. 11, the companies said in a statement on Monday.
SEOUL The South Korean government said on Friday it has asked Chinese regional governments for help in resuming production at South Korean auto parts suppliers' factories in China.
MADRID/SEOUL The air transport sector, already reeling from China passenger flight cancellations designed to slow the spread of coronavirus, now faces mounting freight and logistics disruption with broader repercussions at stake, economists warn.
FRANKFURT/SEOUL Feb 5 Major air cargo carriers
said they have no immediate plans to add China flights to
replace the capacity lost amid steep cuts to passenger travel
due to the coronavirus, as many factories have remained shut
down after the Lunar New Year.
SEOUL Hyundai Motor will suspend production in South Korea because the coronavirus outbreak has disrupted the supply of parts, it said, becoming the first major carmaker to do so outside of China. | Video