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Hyunjoo Jin
A protester wears a mask depicting South Korean President Yoon Suk Yeol during a rally calling for his impeachment, in Seoul, on Wednesday.
ASIA PACIFIC / Society / ANALYSIS
Dec 12, 2024
South Korea's soft power gains at risk from extended political crisis
How the country — a top global destination for medical and plastic surgery tourism — gets through the period of uncertainty will impact foreign visitor numbers.
South Korea Prime Minister Han Duck-soo (left) and the ruling People Power Party leader Han Dong-hoon speak at a news conference after their meeting to discuss plans for President Yoon Suk Yeol's "orderly retreat" at the People Power Party headquarters in Seoul on Sunday.
ASIA PACIFIC / Politics
Dec 8, 2024
South Korea martial law fallout deepens as prosecutors close in
South Korea’s ruling People Power Party leader says Prime Minister Han Duck-soo will manage the nation’s affairs as the country struggles with the political crisis.
Protesters call for the resignation of South Korean President Yoon Suk Yeol during a demonstration in Seoul on Wednesday.
ASIA PACIFIC / Politics
Dec 5, 2024
South Korean ruling party opposes Yoon impeachment as defense minister quits
The opposition Democratic Party planned to put up a vote in parliament to impeach Yoon at around 7 p.m. on Saturday, a party spokesperson said.
Korea Zinc Chairman Yun B. Choi, a grandson of a co-founder, last week agreed to scrap a controversial plan to issue new shares in the zinc refiner to help fend off a takeover attempt.
BUSINESS / Companies
Nov 21, 2024
Korea Zinc takeover battle tests Seoul's resolve on tackling 'Korea discount'
South Korean firms tend to have lower valuations compared to their overseas peers due to low dividend payouts and the dominance of family-run conglomerates.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
A Toyota Lexus UX 250h Hybrid vehicle stands on display during the Seoul Motor Show in Goyang, South Korea, in March 2019.
BUSINESS / Companies
Sep 6, 2024
Japanese cars and beer gain ground in South Korea as relations thaw
Monthly sales of Japanese cars, including Toyota and Lexus, jumped 31% in August from a year earlier.
Shareholder approval of the $56 billion pay package serves as both an endorsement of Elon Musk's tenure and an acknowledgment that investors do not want to risk Tesla's future.
BUSINESS / Tech
Jun 14, 2024
Tesla's Musk wins shareholder approval for $56 billion pay package
The approval does not, however, resolve a lawsuit on the pay package in a Delaware court.
Tesla's charging network is widely viewed as a signature achievement for the EV maker and a key driver of its sales. Tesla Superchargers account for more than 60% of U.S. high-speed charging ports, federal statistics show.
BUSINESS / Companies
May 16, 2024
The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
Former charging chief met Musk expecting the go-ahead for a massive expansion of the charging network, but ended up getting fired along with her 500-member team.
Tesla Model 3 vehicles are seen for sale at a Tesla facility in Fremont, California, last May.
BUSINESS
Apr 6, 2024
Tesla scraps low-cost car plans amid fierce Chinese EV competition
The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.
Tesla CEO Elon Musk
BUSINESS / Companies
Jan 17, 2024
Musk's warning about Tesla stake raises governance questions
CEOs and directors are prohibited from taking any business opportunity for themselves that belongs to the firm.
A Cruise driverless car operating in San Francisco. On Tuesday, California regulators ordered Cruise, a General Motors subsidiary, to stop its driverless taxi service in San Francisco after a series of traffic incidents.
BUSINESS / Tech
Oct 25, 2023
California sidelines Cruise's driverless cars, citing safety risk
The U.S. state suspended Cruise's autonomous vehicle deployment, saying the company had "misrepresented" the safety of the technology.
Japan Times
BUSINESS
Apr 8, 2023
Tesla workers shared sensitive images recorded by customer cars
Some of the recordings caught Tesla customers in embarrassing situations — one ex-employee described a video of a man approaching a vehicle completely naked.
Japan Times
BUSINESS / Tech
Nov 18, 2022
After Elon Musk's ultimatum, Twitter employees start exiting
Musk was meeting some top employees to try and convince them to stay, said one current employee and a recently departed employee who is in touch with Twitter colleagues.
Japan Times
BUSINESS / Tech
Sep 21, 2022
Elon Musk faces skeptics as Tesla gets ready to unveil 'Optimus' robot
The company is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its factories.
Japan Times
BUSINESS / Tech
Jun 7, 2022
Elon Musk opens door to Tesla talent exodus
The Tesla chief executive's intentions are rooted in what he described as his 'super bad feeling” about the U.S. economy.
Japan Times
BUSINESS
Jun 3, 2022
Elon Musk feels 'super bad' about economy as he announces need to cut 10% of Tesla jobs
The message, titled 'pause all hiring worldwide,' adds to a growing chorus of warnings from business leaders about the risks of recession.
Japan Times
BUSINESS / Tech
Apr 26, 2022
Funding obscured: The family office behind Elon Musk's $44 billion Twitter buyout
The small family office that is managing the wealth of Elon Musk and is helping put together the largest-ever acquisition to be carried out by one person is shrouded in secrecy.
Japan Times
BUSINESS / ANALYSIS
Apr 6, 2022
Elon Musk may add to U.S. regulator's ire with late report about Twitter stake
U.S. securities law requires disclosure within 10 days of acquiring 5% of a company, and in Musk's case the 10-day deadline was March 24.
Japan Times
BUSINESS / Tech
Mar 8, 2022
Ukraine invasion sets back Elon Musk's dream for cheaper EVs, for now
Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries.
Japan Times
BUSINESS / Companies
Oct 22, 2021
Tesla looks to pave the way for Chinese battery makers to come to U.S.
The two biggest economies have many disputes to resolve, and China's regulatory crackdowns in tech could pose another hurdle.

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