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Hyunjoo Jin

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

May 30 2018

Trump's auto tariff plan threatens GM's $7 billion South Korea rescue

SEOUL Fresh off a $7 billion rescue for its loss-making South Korean operation, General Motors faces a new threat as U.S. President Donald Trump considers higher vehicle import tariffs that could "make or break" its Asian subsidiary.

May 15 2018

Hyundai overhaul hits another roadblock with ISS opposition

SEOUL/NEW YORK Opposition to Hyundai Motor Group's proposed new ownership structure grew on Tuesday with two major U.S. proxy advisers urging investors to reject a plan they said would benefit family members but not minority shareholders.

May 11 2018

South Korea takes more cautious view on GM Korea turnaround than U.S. automaker

SEOUL General Motors' South Korean unit is expected to swing to a profit from 2022, state-run Korea Development Bank (KDB) said on Friday, offering a more subdued outlook for the troubled unit compared with the U.S. automaker which sees a profit from 2019.

May 10 2018

GM agrees to stake lock-in, make South Korea regional HQ in rescue deal for unit

SEOUL General Motors will stay in South Korea for at least 10 years and set up its Asia-Pacific headquarters in the country, government officials said on Thursday, revealing terms of a deal aimed at rescuing the U.S. automaker's struggling GM Korea unit.

May 10 2018

GM agrees to stake lock-in, make South Korea regional headquarters in rescue deal for unit

SEOUL General Motors will stay in South Korea for at least 10 years and set up its Asia-Pacific headquarters in the country, government officials said on Thursday, revealing terms of a deal aimed at rescuing the U.S. automaker's struggling GM Korea unit.

May 10 2018

GM to locate new Asia-Pacific headquarters in South Korea: government

SEOUL General Motors has agreed to set up its Asia-Pacific headquarters in South Korea, in a further commitment by the U.S. automaker to its loss-making local unit, the government said on Thursday.

May 09 2018

South Korea says GM deal to ensure it remains in country for at least 10 years

SEOUL South Korea said on Wednesday that an impending deal with General Motors to refinance its local unit will ensure the U.S. automaker remains in the country for at least 10 years, as its rights to sell shares and assets will be curtailed.

May 09 2018

South Korea's Jin Air shares slide on concerns of license cancellation

SEOUL Jin Air Co Ltd , a budget affiliate of Korean Air Lines Co Ltd , saw its shares tumble as much as 9 percent on Wednesday on concerns it may lose its license over the board appointment of a non-Korean member of its controlling family.

Apr 27 2018

In victory for Elliott, Hyundai Motor to cancel $890 million in shares

SEOUL Hyundai Motor said on Friday it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years - a plan that comes amid shareholder pressure to improve returns, restructure and bounce back from dismal earnings.

Apr 26 2018

GM, South Korea agree $4.35 billion lifeline for GM Korea

SEOUL General Motors and South Korea have agreed to inject $4.35 billions into the carmaker's loss-making local arm to keep it afloat after it came close to seeking bankruptcy protection.

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