Investment flows from China to South Korea surged 374 percent last year to $631 million as Chinese companies moved to expand their presence and options in the global market. The figure was announced on Monday by the Mergermarket Group, a ...
Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
For each of the three preceding fiscal years, India has overachieved it targets set for textile exports, Minister of Textiles, Santosh Kumar Gangwar said in a written reply to the Rajya Sabha. In fiscal year 2011-12, India exported ...
Tags: textile exports, Textile
The Bhagalpur of Bihar is famous worldwide for its distinctive type of tasar silk and coarse varieties of silk fabrics. The silk handloom weavers of Bhagalpur are facing stiff competition from power loom and mill sector due to high ...
Tags: Silk Industry, Apparel
Product introduction:UK e shisha pen portable e-cigarette disposable eshisha with multiple flavors:Our distinct E Shisha flavour and aroma is as good as smoking a real shisha but the compact cigarette design allows you to easy take them ...
Apple CEO Timothy Cook received a compensation package valued at nearly $4.3 million this year, up slightly from 2012. Cook's pay for fiscal 2013, which ended in September, consisted of $1.4 million in salary and a bonus of $2.8 million, ...
Tags: Apple, Timothy Cook, compensation package
The market has been focused on whether Taiwan LED chipmaker Epistar’s private placement will draw large international investors. Epistar issued US $250 million (NT $7.5 billion) euro convertible bonds (ECB) to Philips in August 2013. ...
Sumitomo Life Insurance of Japan has reached an agreement to acquire 40% stake in PT Bank Negara Indonesia's life insurance business for nearly JPY36.2bn ($354m). Sumitomo Life said in a statement that the partnership with BNI and BNI ...
Tags: Service
Switzerland’s multi-line insurance provider Zurich Insurance Group is set to dispose of its remaining 9.4% stake in New China Life Insurance (NCI) for $943m (£584.7m), to diversify its Asian operations. Zurich plans to ...
Tags: Zurich Insurance, Life Insurance
UK-based life insurance group Resolution is, reportedly, negotiating with prospective buyers to divest its Luxembourg-based Lombard division, which markets tax-efficient insurance products to high net-worth individuals. The business that ...
Tags: Life Group, Insurance Business
Seoul-based LIG Group is planning to divest all shares of its nonlife insurance division, as part of its strategy to gather the required funds to compensate investors for losses from a financial fraud scandal in 2011. Unveiling its ...
Tags: LIG Group, Nonlife Insurance
The Missouri Department of Insurance and New York Life have reached a settlement following an examination into the firm’s life insurance and annuity benefits handling. Missouri will receive $179,916 from New York Life, under a ...
Tags: Insurance, New York Life
Allianz Life Insurance Company of North America has unveiled the Signature 7 Annuity, which offers accumulation potential and access to savings after seven years. Exclusively available to financial professionals working with the Allianz ...
Tags: Allianz Life, Service
Amsterdam-based financial services conglomerate ING has agreed to dispose of its 11.3% direct stake in Sul América, to Swiss Re Group, as part of its plans to further shrink its stake in the Brazilian insurer. As per the terms ...
In today’s economic environment, many individuals seek life insurance protection that can offer greater cash accumulation potential than traditional universal life products, but also have less risk than variable life insurance. The ...
Tags: Life Insurance, insurance