
South Korea's three top mobile operators were levied a record-setting 106.4 billion won (US$100.6 million) in penalties for doling out illegal subsidies to customers in an attempt attract new subscribers, a persistent practice that is to blame for the overheated market. The Korea Communications Commission (KCC), the country's telecom watchdog, said it is ordering fines on the top players -- SK Telecom with 56 billion won, KT with 29.7 billion won and LG Uplus with 20.7 billion won.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
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