August 6, 2024

SK Chemicals swings to profits in Q2

SK Chemicals Co. on Tuesday reported its second-quarter net income of 5.1 billion won (US$3.7 million), swinging from a loss of 15.5 billion won a year earlier.

Operating income for the April-June period was 8.9 billion, compared with a loss of 13.8…

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Seoul shares sharply rebound from worst rout

South Korean stocks rose more than 3 percent Tuesday, rebounding from the previous day’s worst market sell-off, sparked by fears over a U.S. recession and the sluggish performance of big tech firms. The local currency slightly fell against the U.S. g…

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