Shinhan Life
Scope
Date
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Bio & Pharma
GeneOne Life Science gets patent for coated microneedle tech in China
South Korea’s biopharmaceutical company GeneOne Life Science Inc. on Tuesday said it received a patent from the China National Intellectual Pr...
Apr 19, 2023 (Gmt+09:00)
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Culture & Trends
High- and low-income S.Koreans alike reluctant to have babies: Survey
South Koreans in low- and high-income brackets alike are unwilling to have children due to either insufficient time or money, found a recent survey ...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Number of Netflix users in S. Korea drops 30% in a year
The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...
Apr 11, 2023 (Gmt+09:00)
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Korean startups
Shinhan Financial, KOSME to support startups for expanding Japanese market
Shinhan Financial Group announced on Wednesday that it has partnered with the Korea SMEs and Startups Agency (KOSME) to support Korean startups' ent...
Apr 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition
Kyobo Life Insurance Co. has completed the process to put a South Korea-based alternative asset investment company under its wing, a move that is ex...
Apr 05, 2023 (Gmt+09:00)
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Insurance
Hanwha Life acquires Indonesia's Lippo General Insurance
South Korea's Hanwha Life Insurance said on Thursday that it has acquired a 62.6% stake in Indonesian insurer Lippo General Insurance, in collaborat...
Mar 30, 2023 (Gmt+09:00)
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Insurance
Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame
Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigious award from the I...
Mar 22, 2023 (Gmt+09:00)
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Earnings
KB, Hana drive major S.Korean overseas banking profits lower
KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...
Mar 22, 2023 (Gmt+09:00)
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Shareholder activism
ISS supports Shinhan Financial Group chairman nominee
Proxy adviser Institutional Shareholder Services Inc. (ISS) is supporting the appointment of Shinhan Financial Group chairman nominee Jin Ok-Dong as...
Mar 10, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Financial returns to top in Korea with record NP in 2022
Shinhan Financial Group Co. reported a record-high net profit of 4.6 trillion won ($3.6 billion) last year, snatching back the crown of South Korea&...
Feb 09, 2023 (Gmt+09:00)
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Insurance
Kyobo Life Insurance speeds up creation of holding company
South Korea’s Kyobo Life Insurance Co. is set to establish a holding company by the second half of 2024. The major insurer seeks to raise its ...
Feb 08, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha kickstarts localization of 1,000-hp gas turbine engine components
A project to lengthen the lifecycle of 1,000-horsepower gas turbine engine core components and materials, which is led by Hanwha Aerospace Co. locat...
Jan 31, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Electronics' life cycle assessment gauges CO2 emission impact from chips
Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...
Jan 30, 2023 (Gmt+09:00)
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Leadership & Management
Kyobo Life chief says data can overcome uncertain future
Shin Chang-jae, chairman and CEO of South Korea's Kyobo Life Insurance, has urged the overcoming of the economic crisis based on leadership of VUCA,...
Jan 09, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Bank to completely scrap mobile, online balance transfer fees
Beginning on New Year's day, Shinhan Bank started waiving all balance transfer fees to other bank accounts and automated transfer fees for its mobil...
Jan 02, 2023 (Gmt+09:00)
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Pension funds
NPS fund management taps former GEPS CIO Seo as new chief
National Pension Service (NPS) of South Korea, the world's third-largest pension fund, has tapped Seo Won-joo as the new chief investment officer, a...
Dec 27, 2022 (Gmt+09:00)
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Electronics
SK Broadband develops eco-friendly rechargable remote control
South Korea's internet service provider SK Broadband has developed a new B tv remote control that can be recharged with significantly reduced chargi...
Dec 22, 2022 (Gmt+09:00)
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ESG
LG Electronics to open ESG zone at CES 2023 in January
South Korean conglomerates, including LG Electronics Inc., will introduce their environmental, social, and governance (ESG) visions and strategies a...
Dec 20, 2022 (Gmt+09:00)
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Insurance
Dajia Insurance likely to put Korea's ABL Life up for sale again
China’s Dajia Insurance Group Co. seeks to divest of a full stake in its South Korean subsidiary ABL Life Insurance Co. with an estimated valu...
Dec 09, 2022 (Gmt+09:00)
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Banking & Finance
Korea Shinhan Financial taps banking unit head as group CEO
Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...
Dec 08, 2022 (Gmt+09:00)
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Corporate restructuring
Kyobo Life seeks to transition into financial holding company
South Korean life insurance behemoth Kyobo Life Insurance Co. is seeking to transition into a financial holding company to expand its business footh...
Dec 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea's KDB to sell off its life insurer for fifth time
South Korea’s state-run Korea Development Bank (KDB) is poised to accelerate the selling off of its affiliate KDB Life Insurance Co. next week...
Nov 22, 2022 (Gmt+09:00)
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Korean startups
Mobility startup Poen takes first place at Geeks Show Up event in Jeju
South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...
Nov 18, 2022 (Gmt+09:00)
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Samsung Group
Lawmakers’ move to amend law could rattle Samsung governance
South Korean lawmakers are moving to revise an insurance industry law that would force Samsung Group-affiliated insurers to sell their shares in Sam...
Nov 10, 2022 (Gmt+09:00)
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Corporate bonds
Korean life insurer eases bond market woes with buyback
A South Korean small insurer will buy back dollar perpetual bonds as scheduled, reversing its earlier decision not to recall the notes, to ease conc...
Nov 08, 2022 (Gmt+09:00)
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Korean startups
Shinhan Future's Lab opens startup accelerator in Japan
South Korea's Shinhan Financial Group said on Monday it held a ceremony Friday to launch Shinhan Future's Lab Japan in Tokyo.The business accelerati...
Nov 07, 2022 (Gmt+09:00)
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Korean games
Korea's WeMade shakes off crisis, secures new investment
Korea's game development company WeMade has secured new investment worth 66 billion won ($46.4 million), breathing a sigh of relief after receiving ...
Nov 03, 2022 (Gmt+09:00)
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Corporate bonds
Small Korean life insurer further rattles bond market
A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the country’s issuers...
Nov 02, 2022 (Gmt+09:00)
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ASK 2022
Kyobo Life bets on US direct lending, keeps watch on Europe
South Korea’s Kyobo Life Insurance Co. focused on US direct lending market this year given the rising probability of a European market recessi...
Oct 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea's LG Chem buys Nasdaq-listed biotech firm AVEO for $566 mn
South Korea’s chemicals giant LG Chem Ltd. announced on Oct. 18 that it will acquire AVEO Pharmaceuticals Inc., a Nasdaq-listed US biotech fir...
Oct 18, 2022 (Gmt+09:00)