Hana Bank chief to finish his term despite disciplinary action
Seoul - Yonhap
Hana Bank, South Korea's fourth-largest lender, said Sunday its president will complete his remaining term in office despite being disciplined by state regulators for illegally providing loans to an ailing savings bank in 2011. The bank gave as reasons for the decision a pressing need to cope effectively with deteriorating business conditions and preventing managerial vacuum that can occur if Kim Jong-jun stepped down.
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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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