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News
Sportswear Brand New Product Restocking Drives Xinli's August Revenue to NT$148 Million, a Record Monthly High — BigGo Finance
2+ day, 14+ hour ago (696+ words) Xinli Chemical reported August consolidated revenue of NT$148 million (approximately $4.7 million), up 37.7% month-over-month and 52.26% year-over-year, setting an all-time monthly record. Cumulative revenue for the first eight months reached NT$771 million (approximately $24.4 million), up 11.34% year-over-year, also marking the best performance for…...
South Korea's Park Hong-keun Says Future Response Fund Could Be Depleted, Depending on Semiconductor Cycle — BigGo Finance
2+ day, 16+ hour ago (578+ words) Park Hong-keun, South Korea's Minister of Economy and Finance, said the newly created 162.3 trillion won (approximately $120.9 billion) Future Response Fund could potentially be depleted depending on future revenue conditions. Securing funding hinges on the 3–5 year semiconductor cycle, though he noted…...
KOSPI Holds 7,000 Level Despite Oil Surge, Rising Rates, and Quadruple Witching — BigGo Finance
2+ day, 21+ hour ago (230+ words) Lee Kyung-min, an analyst at Daishin Securities, said, "TSMC's solid August revenue is a positive factor for semiconductor investment sentiment," adding that "AI semiconductor momentum remains intact." Sustained expectations for the AI semiconductor cycle served as a buffer limiting the…...
South Korea's i-Scream Edu Faces Delisting Risk Despite Largest Shareholder's ₩4.3 Billion Tender Offer — BigGo Finance
2+ day, 17+ hour ago (529+ words) South Korea's i-Scream Edu's largest shareholder Sigong Tech has announced a tender offer worth 4.3 billion won (approximately $3.2 million), but delisting concerns remain unresolved. The tender offer price of 1,200 won per share represents a 30.72% premium over the previous closing price, yet…...
South Korea's Sannitack Partners with Cuckoo Homesys to Expand B2B Scent Marketing Channels — BigGo Finance
2+ day, 18+ hour ago (222+ words) South Korea's Sannitack, the environmental hygiene brand under integrated security firm Estec Systems, has signed a strategic business agreement with home appliance company Cuckoo Homesys (284740.KS) to expand business-to-business (B2B) channels for its scent marketing services. Estec Systems announced on the…...
Align Partners Withdraws JB-BNK Merger Demand, Presses South Korean Regional Bank Boards for 'Plan B' Accountability — BigGo Finance
3+ day, 44+ min ago (254+ words) Lee Chang-hwan, CEO of Align Partners, said: "Explaining to shareholders why a major shareholder's public proposal was rejected, whether alternatives were reviewed, and what the company believes is the best path forward is a fundamental duty required of a fiduciary....
KB Financial Group Forms Strategic Alliance with Bloomberg to Accelerate Global Capital Markets Push — BigGo Finance
2+ day, 19+ hour ago (304+ words) KB Financial Group is joining forces with global financial data firm Bloomberg to expand its overseas capital markets business. With growth in the South Korean domestic market stagnating, the strategy is to secure global competitiveness by elevating data- and artificial…...
NH-Amundi's K-Semiconductor ETF Posts 181% YTD Return, Tops South Korea's ETF Rankings — BigGo Finance
2+ day, 19+ hour ago (573+ words) An exchange-traded fund (ETF) focused on South Korea's leading semiconductor stocks and materials, components, and equipment suppliers has posted a year-to-date return exceeding 180%, ranking first among all South Korea-listed ETFs excluding leveraged products. NH-Amundi Asset Management announced on the 10th that…...
South Korea's NongHyup Pours ₩87.7 Billion Into Chuseok Holiday Discounts—Apples and Pears at Half Price — BigGo Finance
2+ day, 21+ hour ago (312+ words) South Korea's NongHyup is teaming up with the government to inject 87.7 billion won (approximately $65.6 million) into discount programs for agricultural and livestock products ahead of the Chuseok holiday. The promotion runs from September 10 to 24 at NongHyup Hanaro Mart locations nationwide…...
Wistron to Invest Over $200 Million Expanding U.S. and Vietnam Capacity; Texas D2 Plant to Begin Production Next Year — BigGo Finance
3+ day, 2+ hour ago (358+ words) Wistron's board of directors approved multiple overseas investment projects on the 9th, totaling more than $205 million across the United States and Vietnam. The Texas Westport D2 plant will receive up to $146 million for building improvements and equipment procurement, with production expected to…...