General

CJ Cheiljedang Q2 net income up 16 pct to 147.8 bln won

CJ Cheiljedang Corp. on Tuesday reported its second-quarter net profit of 147.8 billion won (US$107.8 million), up 16 percent from a year earlier.

Operating profit for the April-June period was 383.6 billion won, up 11.3 percent from a year ago, the…

Seoul shares open higher ahead of key U.S. economic data

South Korean stocks opened slightly higher Tuesday as investors are awaiting the release of major U.S. economic data due later this week.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.8 points, or 0.22 percent, to 2,624.10 in the fi…