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News
Zhejiang Orient's H1 net profit doubles to 877 million yuan as financial businesses fire on all cylinders — BigGo Finance
2+ hour, 58+ min ago (607+ words) Zhejiang Orient reported attributable net profit of 877 million yuan (approximately $130.1 million) for the first half of 2026, up 115.47% year-on-year. Excluding non-recurring items, net profit came in at 842 million yuan (approximately $124.9 million), up 114.68%. Operating revenue reached 917 million yuan (approximately $136.0 million), up 9.30%. The…...
Samyang Group Chairman Kim Yoon: "All-In on Global Specialty Transition and AX Internalization" — BigGo Finance
2+ hour, 29+ min ago (492+ words) Samyang Group Chairman Kim Yoon shared first-half performance results and outlined second-half strategy at the "2026 Samyang Connect" event held on the 18th at the Samyang Discovery Center in Pangyo. He credited improved chemical business spreads and enhanced specialty materials profitability for…...
Citi: Markets Face Pressure 50 Days Before US Midterms, Stocks Poised for Rebound 30 Days Out — BigGo Finance
6+ hour, 9+ min ago (405+ words) The US midterm elections will be held on November 3 local time, with voters electing members of the House of Representatives and the Senate. Republicans currently control the House, the Senate, and the White House, forming a "trifecta." Prediction market Polymarket…...
Stock Market Rally Drives Capital Influx as Taiwan Life Insurers' First Seven Months New Policy Premiums Surge Nearly 60% — BigGo Finance
6+ hour, 59+ min ago (468+ words) The Life Insurance Association released Taiwan's life insurance premium statistics for the first seven months of 2026, showing new policy premium income reached NT$929.63 billion (approximately $29.2 billion), up 59.3% year-over-year, while total premium income hit NT$1.93 trillion (approximately $60.7 billion), up 26.7%. Investment-linked policies…...
SK Networks Poised for AI Asset Revaluation Upside, While SK Square Target Price Cut — BigGo Finance
7+ hour, 29+ min ago (477+ words) Brokerages delivered mixed assessments of SK Group affiliates on the 18th. Shinhan Securities maintained its Buy rating on SK Networks (001740), arguing that the value of its AI investment assets is coming into focus, while NH Investment & Securities lowered its target price…...
Asics target price raised to ¥6,200 as major U.S. brokerage maintains bullish stance — BigGo Finance
9+ hour, 33+ min ago (387+ words) A major U.S. brokerage on August 17 maintained its "bullish (1=Buy)" rating on Asics (7936.T). At the same time, the firm raised its target price from ¥6,000 to ¥6,200. As of the previous day, August 14, the consensus rating among 10 analysts stood at 4.9, maintaining a "bullish…...
Pan Pacific International Holdings forecasts FY net profit of ¥110.5 billion; shareholder returns to expand to ¥600 billion over 10 years — BigGo Finance
4+ hour, 28+ min ago (422+ words) Pan Pacific International Holdings announced on the 18th that it expects consolidated net profit for the fiscal year ending June 2027 to reach ¥110.5 billion (approximately $691.8 million), up 0.4% from the previous year. The forecast came in below the consensus estimate of ¥122.2 billion (approximately…...
South Korea Moves to Create ₩100 Trillion Future Response Fund Amid 'Slush Fund' Concerns — BigGo Finance
9+ hour, 39+ min ago (329+ words) Experts emphasize that the Future Response Fund should normally be deployed toward growth-enhancing areas such as artificial intelligence (AI) and semiconductors, but withdrawals should only be permitted under predetermined conditions such as economic downturns or major tax revenue shortfalls. Yang…...
Mirae Asset's TIGER U.S. ETF Trio Surpasses ₩1 Trillion in Retail Net Buying in One Month — BigGo Finance
11+ hour ago (315+ words) Mirae Asset Global Investments' three TIGER ETFs tracking major U.S. indices recorded ₩1.0418 trillion (approximately $739.2 million) in retail net buying over the past month. The TIGER US S&P500 attracted ₩609.9 billion, the TIGER US Nasdaq100 drew ₩298.8 billion, and the TIGER US Dividend Dow Jones…...
280,000 Youth Jobs Vanish in South Korea—94% Concentrated in AI-Exposed Sectors — BigGo Finance
4+ hour, 29+ min ago (528+ words) Artificial intelligence's impact on youth employment in South Korea has now been quantified. Of the 285,000 youth jobs that vanished over the past four years, 94%—or 268,000 positions—were concentrated in industries with high AI exposure. In stark contrast, jobs for workers…...