Banking groups urged to boost FX liquidity in South Korea's
Seoul - Yonhap
South Korea's top financial regulator urged major banking groups Tuesday to beef up their management of foreign exchange liquidity amid worries the ongoing financial turmoil would dent the country's economic health. "Banks should not repeat their practice of depending on the government and the central bank when they face difficulties in foreign exchange procurement," Financial Services Commission (FSC) Chairman Kim Seok-dong said in a meeting with the heads of the country's top five banking groups.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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