July 29, 2024

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DGB Financial Group Q2 net profit down 79.6 pct to 30.8 bln won

DGB Financial Group on Monday reported its second-quarter net income of 30.8 billion won (US$22.3 million), down 79.6 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 82.6 perc…

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Seoul shares end up for 2nd day ahead of Fed’s rate decision

Seoul shares ended higher for a second straight session Monday amid hopes that the U.S. Federal Reserve will hint at a potential rate cut in September. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOS…