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GM to shut one South Korea plant, decide on fate of others within weeks

DETROIT/SEOUL (Reuters) - General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia's fourth-biggest economy......»»

Category: topSource: reutersFeb 13th, 2018

South Korea"s Scandal-Hit Leader Says Legislature Can Decide Her Fate

Thousands in South Korea have been calling for the departure of President Park Geun-hye, whose standing has been deeply tarnished in recent weeks by a corruption scandal, but in an address Tuesday she stopped short of resigning......»»

Category: topSource: wsjNov 29th, 2016

South Korea"s Moon bemoans GM plant closure move, calls on government to help workers

SEOUL (Reuters) - South Korean President Moon Jae-in said on Monday General Motors Co's (GM) decision to shut down a factory south of Seoul will hurt that region, and called upon his administration to take measures to boost economic activity there......»»

Category: topSource: reutersFeb 19th, 2018

GM to shut South Korean plant, more cuts could follow

General Motors said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia's fourth-biggest economy......»»

Category: topSource: foxnewsFeb 13th, 2018

GM to shut South Korean plant, more cuts could follow

DETROIT/SEOUL (Reuters) - General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia's fourth-biggest economy......»»

Category: topSource: reutersFeb 12th, 2018

South Korea"s president is willing to step down early

© AFP Jung Yeon-JeSeoul (AFP) - South Korea's scandal-hit President Park Geun-Hye said Tuesday she was willing to leave office before the end of her official term early 2018 and would let parliament decide on her fate. "Once lawmakers come up with measur.....»»

Category: topSource: businessinsiderNov 29th, 2016

An obscure election race in Japan may decide the fate of the world"s biggest nuclear plant

Thomson ReutersNIIGATA, Japan (Reuters) - A regional election north of Tokyo between candidates most Japanese have never heard of may decide the fate of the world's biggest nuclear plant and mark a turning point for an industry all but shut down after the.....»»

Category: topSource: businessinsiderOct 14th, 2016

GM is shaking down South Korea"s taxpayers

LouLouPhotos / Shutterstock.com The South Korean government owns 17% of GM Korea, and may have to reach into its wallet for $1 billion. The plant has lost money, wit.....»»

Category: topSource: businessinsiderFeb 21st, 2018

South Korea"s Moon bemoans GM plant closure, calls on government to be stern in U.S. trade talks

SEO.....»»

Category: topSource: reutersFeb 19th, 2018

Lost in translation? GM plant shutdown shocks South Korea

SEOUL.....»»

Category: topSource: reutersFeb 16th, 2018

South Korea union says GM plant closure is "death sentence", threatens strike

GUNSAN/SEOUL (Reuters) - General Motors' workers at a South Korean plant staged a protest on Wednesday against its planned closure, calling the move by the U.S. automaker a "death sentence", and threatening a strike......»»

Category: topSource: reutersFeb 14th, 2018

South Korea union says GM plant closure move is "death sentence", threatens strike

SEOUL (Reuters) - Workers at a General Motors (GM) plant in South Korea that the U.S. automaker plans to close staged a protest on Wednesday, calling the decision a "death sentence" and threatening a strike......»»

Category: topSource: reutersFeb 14th, 2018

South Korean union protests GM plant closure move, calls it a "death sentence"

SEOUL (Reuters) - Workers at a General Motors (GM) plant in South Korea that the U.S. automaker plans to close staged a protest on Wednesday, saying the decision was a "death sentence" that had not been discussed with unions......»»

Category: topSource: reutersFeb 14th, 2018

GM to close auto plant in South Korea in restructuring

General Motors said Tuesday it will close an underutilized factory in Gunsan, South Korea, by the end of May......»»

Category: topSource: moneycentralFeb 13th, 2018

The Wall Street Journal: General Motors to shutter South Korea plant

Closure of Gunsan facility, one of four GM plants in South Korea, is part of a broader restructuring as the auto maker battles losses......»»

Category: topSource: marketwatchFeb 13th, 2018

GM to close auto plant in South Korea in restructuring

General Motors says it will close an underutilized factory in Gunsan, South Korea, by the end of May as part of a restructuring of its operations......»»

Category: topSource: foxnewsFeb 12th, 2018

General Motors to Close South Korea Plant

General Motors Co. said it will close its Gunsan, South Korea, factory in May and pressure union officials for additional cost cuts to stem losses......»»

Category: smallbizSource: wsjFeb 12th, 2018

New Formula: Pressure Plus Diplomacy on North Korea

Weeks of maneuvering by North and South Korea around the Winter Olympics will lead to a new chapter in the Trump administration’s bid to exert maximum economic and diplomatic pressure on Pyongyang over nuclear weapons, Gerald F. Seib writes......»»

Category: topSource: wsjFeb 12th, 2018

ANC committee to decide President Jacob Zuma"s fate in South Africa

Deputy President Cyril Ramaphosa said yesterday that he recognized South Africans want a resolution to the leadership crisis.....»»

Category: topSource: business-standardFeb 12th, 2018

China Deploys 300,000 Soldiers To N.Korean Border In "Preparation For Potential War"

While the specter of a nuclear war with North Korea has faded in recent weeks, China is not taking chances, and ahead of the Winter Olympics in South Korea, the Chinese government has deployed 300.....»»

Category: blogSource: zerohedgeFeb 6th, 2018

South Africa: Ruling ANC holds crucial meet to decide Zuma"s fate

Pressure is mounting on Zuma to resign before a key national address, which is scheduled for later this week.....»»

Category: topSource: business-standardFeb 5th, 2018