Asia

Uber pulls up in Japan with taxi-hailing service

Uber plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the firm has been blocked from setting up its own fleet of drivers.


Japan's automakers face a problem recruiting women engineers

Japan's automakers, facing the worst labor shortage in decades, have seen the light: hire more women. The problem is they're all having the same epiphany at the same time.

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Uber pulls up in Japan with taxi-hailing service

Uber plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the firm has been blocked from setting up its own fleet of drivers.

UPDATED: 4/23/18 10:38 am ET -- adds details
Activist investor turns up heat on Hyundai

Activist hedge fund Elliott Management dismissed Hyundai Motor Group's restructuring plan as insufficient on Monday and called on the South Korean conglomerate to adopt a holding company strategy and appoint more independent board members.

UPDATED: 4/20/18 9:21 am ET - adds details
GM Korea, union fail to reach wage deal

GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to avert a bankruptcy filing for the unprofitable operation. Talks will continue over the weekend.

As GM mulls options, how does bankruptcy work in S.Korea?

GM's Korean unit has warned that it would file for bankruptcy if there isn't a restructuring deal by Friday, as the operation is running out of cash to pay employees and suppliers amid slumping sales. A look at how South Korea's court-managed bankruptcy protection procedures work.


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