Brokerages to keep cutting jobs amid falling profitability
Seoul - Yonhap
South Korea's securities firms are anticipated to continue cutting jobs due mainly to their falling profitability amid the prolonged slump in the local stock market, data showed Thursday. According to the data compiled by Hyundai Securities Co., local brokerage houses' net operating income reached 9.8 trillion won (US$9.26 billion) in fiscal 2012, which ends in March, down 14.7 percent from a year earlier.
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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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