July 29, 2024

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…

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…

(Olympics) PGA Tour players ready to do S. Korea proud in France

Competing at an Olympic Games means different things to different athletes. For South Korean golfer An Byeong-hun, the son of two Olympic table tennis medalists, representing the country at the quadrennial event takes on extra significance.

An’s fat…