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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…

S. Korean Bond Yields on morning of Aug. 13, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.074 3.084 -1.0

2-year TB 3.023 3.034 -1.1

3-year TB 2.924 2.946 -2.2

10-year TB 2.973 3.000 -2.7

2-year MSB 2.981 2.997 -1.6

3-year CB (AA-) 3.402 3.421 -1.9

(END)

Source: Yonhap News Age…

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…