
South Korea plans to slap a fine of 750 million won (US$699,301) on KT Corp., South Korea's No. 2 mobile operator, for selling its retired communication satellites to a foreign company without informing the government, an official said Tuesday. KT is accused of selling satellites Mugungwha 2 and 3 to Asia Broadcast Satellite, a Hong Kong-based satellite operator, for a combined 4.5 billion won in 2010 and 2011, respectively, without informing the government about the sell-off.
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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