SHANGHAI, China, April 6 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, is pleased to announce that medical (re)insurance provider AXA Life & Health Reinsurance Solutions is using Verisk’s Health Risk Rating Tool to provide its insurance partners in China the ability to offer automated health insurance underwriting decisions that are [...]
SEOUL, April 5 (Korea Bizwire) — China’s Shanghai and Jilin Province are experiencing rapid spread of COVID-19, and local quarantine authorities have blamed imported clothes from South Korea as the source of the surge in cases. Chinese portal site Baidu’s top search keywords included ‘the possible correlation between the infections in the two regions and [...]
SEOUL, March 28 (Korea Bizwire) — The Voluntary Agency Network of Korea (VANK), a civic group promoting the country and its history online for an international audience, has launched an English website exposing the truth about Chinese efforts to distort the history of the Great Wall of China. The website, comprised of three sections, talks [...]
RENSSELAER, N.Y., March 21 (Korea Bizwire) — Taconic Biosciences, a global leader in providing drug discovery animal model solutions, has appointed Nomura Siam International Co., Ltd. (NSI) and Nomura Jimusho. Inc. (NJI) as sales agents and distributors of the rasH2 Mouse Carcinogenicity Test System in India and China, respectively. These distribution arrangements greatly improve rasH2 [...]
SEOUL, March 20 (Korea Bizwire) — South Korea’s top carmaker Hyundai Motor Co. and China’s Beijing BAIC Motor will inject over 1 trillion won (US$825 million) into their joint venture to enhance the competitiveness of its electric car making amid sluggish sales, company officials said Sunday. They will increase the capital stock of Beijing Hyundai [...]
SEOUL, March 18 (Korea Bizwire) — South Korea’s presence in the Chinese import market has fallen significantly over the past five years, compared to other major countries, a South Korean business lobby said. The Federation of Korean Industries compared the market share of the Group of Five (G5) states, Taiwan, the six ASEAN states and South Korea [...]
SEOUL, March 12 (Korea Bizwire) — President-elect Yoon Suk-yeol ramped up diplomacy with South Korea’s most important neighbors on Friday, the first full day since his election, vowing to rebuild the alliance with the United States while developing relations with China. Yoon also spoke by phone with Japanese Prime Minister Fumio Kishida and stressed the [...]
TEMECULA, Calif., March 9 (Korea Bizwire) — Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is proud to announce yet another expansion of their manufacturing capabilities for the growing Marine market. With this expansion, they have become one of the largest manufacturers providing localized [...]
SEOUL, March 8 (Korea Bizwire) — Three more South Korean TV series have started being broadcast on a Chinese video streaming service early this month, the dramas’ production company said Tuesday, another sign that China is reopening to Korean content after a yearslong cultural freeze. According to the Chinese Embassy in Korea and CJ ENM, [...]
SEOUL, March 8 (Korea Bizwire) — South Korean e-commerce giant Coupang Inc. has established an office in the Chinese border city of Yanji and hired a large number of local employees as part of efforts to diversify overseas direct purchase services through the expansion of its presence in China. According to industry sources, about 230 [...]