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SEOUL (The Korea Herald/ANN): South Korea’s major industries -- including electronics, automobiles, retail and oil refining -- are on high alert due to a surge in Covid-19 cases here, as well as the market slowdown in China, the nation’s biggest export destination.
SEOUL (Reuters) - Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from disrupting its home market.
BEIJING: China has confirmed a sharp decrease in new deaths and cases of the coronavirus on Saturday (Feb 22) but a doubling of infections in South Korea and 10 new cases in Iran added to unease about its rapid spread and global reach.
SEOUL: Samsung Electronics said on Saturday (Feb 19) that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there until Monday morning.
SEOUL (Reuters) - South Korea said on Saturday that the number of new coronavirus cases in the country had doubled to 433, and officials suggested that the tally could rise significantly as more than 1,000 people who attended a church at the centre of the outbreak reported flu-like symptoms.
BANGKOK: Shares slipped in Europe and Asia on Tuesday (Feb 18) as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target in this quarter and China moving to postpone or cancel major events, including the Beijing auto show.
BEIJING (China Daily/ANN): China remains capable of attracting global investment this year despite the temporary impact of the Covid-19 epidemic, as it is largely a regional and short-term event, executives of global companies and experts said on Monday (Feb 17).
SEOUL (Reuters) - Samsung Electronics has launched smartphone delivery services for customers to test its new products, as the spread of the coronavirus has prompted the tech giant to cancel promotional events and brace for weak store sales.
Seoul: The secret confidante of former South Korean president Park Geun-hye, who played a central role in the corruption scandal that toppled the disgraced ex-leader, has had her prison sentence cut by two years in a retrial.
BEIJING (China Daily/ANN): The impact of the novel coronavirus (Covid-19) epidemic on China's economy will be temporary and will not change the fundamentals of the country's long-term economic growth, said executives of global companies on Tuesday (Feb 11).