SEOUL, Dec. 28 (Korea Bizwire) — A Seoul court has rejected a Hong Kong-based private equity firm’s request for Kyobo Life Insurance Co. to carry out its obligation with regard to a put option that it has been trying to exercise, the South Korean insurer said Tuesday. The ruling appears to have removed a major [...]
SEOUL, March 2 (Korea Bizwire) – South Korea’s top-three life insurers – Samsung, Hanwha and Kyobo – have decided to pay all overdue suicide claims, giving in to regulators’ punitive steps, industry officials said Thursday. Samsung will pay a total of 174 billion won (US$152 million) in respect of its policyholders who committed suicide on [...]
SEOUL, Aug. 17 (Korea Bizwire) — In a lawsuit surrounding the retirement pension fund refund, Supreme Court justices ruled in favor of Goldman Sachs against the plaintiff Kyobo Life. The Supreme Court said on August 15 that it allowed the appeals court ruling to stand, saying, “The appeals court’s judgment that Goldman Sachs’ postponement in payments was [...]
![[Kobiz Feature] Companies Getting Serious about Book Reading among Their Employees](http://koreabizwire.com/wp/wp-content/uploads/2013/11/2539452694_a409178fb3_z.jpg "[Kobiz Feature] Companies Getting Serious about Book Reading among Their Employees")
SEOUL, Korea, Nov 14 (Korea Bizwire) – Books allow readers to live someone else’s life and thereby broaden their minds. Even Socrates said 25 centuries ago, “Employ your time in improving yourself by other men’s writings, so that you shall gain easily what others have labored hard for.” But today the number of people who read regularly [...]