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Korea's leading discount store chain E-Mart Q1 profits surge on discount store sales and equity growth

E-Mart, Korea s leading discount store chain, said Thursday its first-quarter net profit soared on increased sales in the discount store division and equity gains from its affiliates. ....

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Sovereign wealth funds and the economy

Sovereign funds were established to preserve and enhance national wealth, diversify income sources and achieve long-term financial sustainability. These funds are investment funds owned by governments and aimed at professionally managing and investing the state’s sovereign wealth and financial assets. They are formed from various state revenues, including proceeds from ....

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