South Korea on Monday reported 161 new cases of the coronavirus, bringing the total number of infected patients in the country to 763, a day after the government raised its infectious disease alert to its highest level. Samsung Electronics shares fell 4.1% and Hyundai Motor ended down 4.3%, tracking the wider market’s 3.9% fall, as the spike in new coronavirus cases intensified fears about the epidemic’s fallout on the economy and businesses. Samsung said it has restarted production at its phone factory complex in Gumi on Monday, after closing it over the weekend, adding that the floor where the infected employee worked will resume production on Tuesday. “As of 1 p.m. KT (0400 GMT) Feb. 24, the Gumi Complex has started normal operations and we expect no impact on production,” Samsung said in a statement, without elaborating further. Samsung’s Gumi factory accounts for a small portion of its total phone production, but it produces premium phones and foldable phones, research firm Counterpoint said. Six employees at Hyundai Motor’s factories in the southeastern city of Ulsan are also at home, with four of them linked to a church at the centre of the virus outbreak, a union spokesman said in a statement. “We are walking on ice,” one Hyundai factory worker told Reuters. Story continues below advertisement A factory run by Hyundai supplier Seojin Industrial was closed over the weekend after the death of a virus-infected worker, an official at the supplier said. He said that authorities disinfected the factory, located in the city of Gyeongju, and it is unclear when production will resume. Seojin declined to comment when contacted by Reuters. Any disruption would be a fresh blow to Hyundai, which has restarted most of its domestic factories’ production after being hit by suspensions due to parts shortages from China. Ulsan is home to Hyundai’s biggest car factories, and there are a number of suppliers in the city and surrounding areas, which cater not only to the automaker, but export to the United States, Japan and other markets. A Hyundai Motor spokesman said there has been no production disruption so far as the automaker has inventory. With virus fears spreading nationwide, Hyundai set up thermal cameras at all of its operations across the nation, including its headquarters in Seoul, to check temperatures. Read more: The Globe and Mail
Infections climb in South Korea as world fights virus South Korea reported an eight-fold jump in viral infections Saturday with more than 400 cases mostly linked to a church and a hospital, while the death toll in Iran climbed to five and a dozen towns in Italy effectively went into lockdowns as health officials around the world battle a new virus that has spread from China.
‘A new dawn’: South Sudan rival leaders form coalition government meant to end warA day after President Salva Kiir dissolved the previous government, opposition leader Riek Machar was sworn in as his deputy, an arrangement that twice collapsed in fighting during the conflict that killed nearly 400,000 people.
South Sudan's rival leaders form coalition governmentSouth Sudan opened a new chapter in its fragile emergence from civil war Saturday as rival leaders formed a coalition government that many observers prayed would last this time around.
COVID-19: Coronavirus multiplies eight-fold in South Korea as cases jump to 433Their health minister expressed cautious optimism that the outbreak can be contained to the region surrounding Daegu, where the first case was reported.
South Sudan's rivals form unity government meant to end warSouth Sudan opened a new chapter in its fragile emergence from civil war Saturday as rival leaders formed a coalition government that many observers prayed would last this time around. Again? This must be the 3rd time this past decade A small impoverish country destroying itself because of greed in all its destructive forms. Hope it works out better then what these people have experienced for years. This is awesome.
COVID-19: South Korea sees jump in virus cases as total deaths in China number 2,592 South Korea has the third-highest national total behind China and Japan, and cases have rapidly increased in Italy and Iran in just a few days.