State Farm Insurance
Scope
Date
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Bio & Pharma
Celltrion’s Vegzelma listed on prescription of 10 private US insurers
South Korea’s Celltrion Healthcare Co. announced on Wednesday that it has signed contracts with 10 insurance providers in the US to boost the ...
Aug 23, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to export $51 bn flu vaccine to Thailand
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a deal with Thailand's state-owned G...
Aug 21, 2023 (Gmt+09:00)
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Insurance
Hanwha Life sees cumulative profit in 15 years in Vietnam
Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...
Aug 20, 2023 (Gmt+09:00)
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Insurance
Tokio Marine seeks to sell SE Asia units to S.Korean companies
Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...
Aug 14, 2023 (Gmt+09:00)
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Mergers & Acquisitions
KDB girds up for Korean Air-Asiana deal collapse with Plan B
The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...
Aug 07, 2023 (Gmt+09:00)
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Batteries
Indonesia vows support for LG-led $9.8 bn battery project
Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...
Aug 04, 2023 (Gmt+09:00)
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Electric vehicles
Global EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...
Aug 02, 2023 (Gmt+09:00)
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Pension funds
NPS commits $724 mn to CVC Capital’s ninth PE fund
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has committed €650 million ($724 million...
Jul 27, 2023 (Gmt+09:00)
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Energy
KHNP participates in Australian green cement project
Korea Hydro & Nuclear Power Co. (KHNP) will participate in the South Australia green cement transition project, which aims to produce green hydr...
Jul 11, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Riiid enters Brazilian public education market
South Korean AI-powered edtech firm Riiid will enter the Brazilian public education market. The company announced on Wednesday that it has signed a ...
Jul 05, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics to aid foundry clients with state-of-the-art tech
Samsung Electronics Co., the world’s largest memory chipmaker, will provide its foundry clients with state-of-the-art technology to support th...
Jul 05, 2023 (Gmt+09:00)
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Electric vehicles
S.Korea's NongHyup advances into EV charging
South Korea's National Agricultural Cooperative Federation (NongHyup), with over 9,000-plus offline bases nationwide, has entered the electric vehic...
Jul 03, 2023 (Gmt+09:00)
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Batteries
Samsung SDI expands cooperation with EV makers
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is expanding cooperation with its customers including General Motors C...
Jun 29, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to build logistics centers in US with $416 mn investment
CJ Logistics Corp. and Korea Ocean Business Corporation (KOBC) will together build three logistics centers in the US with an estimated investment of...
Jun 28, 2023 (Gmt+09:00)
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Business & Politics
KOGAS, Vietnamese firms to jointly undertake major infra projects
South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...
Jun 26, 2023 (Gmt+09:00)
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Insurance
NH Property & Casualty Insurance inks MOU with Vietnam's PVI
South Korea's NH Property and Casualty Insurance announced on Wednesday its new comprehensive business cooperation agreement (MOU) with PVI Insuranc...
Jun 21, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix wins Europe certification for automotive chips
SK Hynix Inc., the world's second-largest memory chipmaker, said on Tuesday it has earned international certification for its automotive memory chip...
Jun 20, 2023 (Gmt+09:00)
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Insurance
DB Insurance acquires Vietnam's 9th largest insurance company
DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...
Jun 16, 2023 (Gmt+09:00)
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Insurance
Woori Bank Vietnam, Samsung Vina Insurance team up for bancassurance
South Korea's Woori Bank revealed on Thursday that its Vietnamese operation, Woori Bank Vietnam, has signed a property insurance business agreement ...
Jun 15, 2023 (Gmt+09:00)
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Korean SMEs
KBIZ holds SME export consultation meeting in Dubai
A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.Th...
Jun 13, 2023 (Gmt+09:00)
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Insurance
KB Financial, Sompo Japan team up for boosting nursing care services
South Korea's KB Financial Group and Japan's Sompo Holdings announced on Friday a memorandum of understanding (MOU) to collaborate on nursing care s...
Jun 09, 2023 (Gmt+09:00)
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Business & Politics
US emerges key to Korea’s nuclear power plants exports to Saudi Arabia
Saudi Arabia, which is seeking to build two 1.4 gigawatts (GW) nuclear power plants, is demanding that the US allow uranium enrichment, according to...
Jun 09, 2023 (Gmt+09:00)
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Energy
LS Cable, Hanwha to build S.Korea’s largest offshore wind farm
South Korea's LS Cable & System announced on Wednesday that it has been selected as the priority negotiator for the supply of submarine cables f...
Jun 07, 2023 (Gmt+09:00)
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Pension funds
NPS vows to raise alternative investment ratio, cut bond purchases
South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative...
Jun 01, 2023 (Gmt+09:00)
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Energy
LS Cable wins $142 mn contract to supply submarine cables to Taiwan
South Korea's LS Cable & System has secured a 189.2 billion won ($142 million) contract with Orsted, Denmark-based world’s leading offshor...
May 26, 2023 (Gmt+09:00)
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Electric vehicles
Hanon to build $40 mn heat pump systems plant in US state of Georgia
Hanon Systems Corp., a South Korean thermal management systems provider for automakers, is set to inject $40 million to establish a plant in the US ...
May 24, 2023 (Gmt+09:00)
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Business & Politics
UAE state funds gear up for $30 bn S.Korean investment
Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...
May 19, 2023 (Gmt+09:00)
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Automobiles
Nexen Tire invests $1.3 bn to build US factory
South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...
May 18, 2023 (Gmt+09:00)
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Earnings
KEPCO vows to save $19 bn in 5 yrs; CEO offers to resign over swelling losses
South Korea’s state-run utility monopoly Korea Electric Power Corp. (KEPCO) on Friday vowed to save nearly 26 trillion won ($19.5 billion) ove...
May 12, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life in final talks to buy Kakao Pay Insurance
South Korea’s third-largest life insurer Kyobo Life Insurance Co. is in the final stages of talks to buy Kakao Pay Insurance Corp., an online ...
May 09, 2023 (Gmt+09:00)
Latest News
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- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
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