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Joyce Lee

SoftBank-backed South Korean ride-hailer Tada gets rare win amid crackdown

19 Feb 2020

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.

SoftBank-backed S.Korean ride-hailing Tada fights for survival amid crackdown

18 Feb 2020

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.

Hyundai bet big on China. Now coronavirus is twisting its supply chain

13 Feb 2020

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.

Hyundai, Kia to gradually resume South Korea output

10 Feb 2020

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.

South Korea asks China for help in resuming production at auto parts plants

07 Feb 2020

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.

Coronavirus turmoil spreads to airline cargo operations

05 Feb 2020

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.

Air cargo carriers say China demand weak despite drastic freight capacity cuts on passenger planes

05 Feb 2020

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.

Hyundai to halt South Korea output as China virus disrupts parts supply

04 Feb 2020

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

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