August 13, 2024

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(LEAD) Seoul shares up for 3rd day ahead of key U.S. data

South Korean stocks ended slightly higher Tuesday as investors remained cautious ahead of the releases of major U.S. data later this week to gauge the Federal Reserve’s monetary policy direction. The local currency gained ground against the U.S. doll…

K-Bank’s Q2 net jumps over twofold on noninterest income

South Korea’s internet-only lender K-Bank said Tuesday its net profit more than doubled from a year earlier in the second quarter on a sharp increase in both interest and noninterest income.

In the three months ended June 30, the bank’s net income c…