Cash-strapped conglomerates urged to secure liquidity
Seoul - Yonhap
The financial authorities called on troubled conglomerates to secure liquidity via early sales of their assets, hinting that there will be no additional financial support this year, industry sources said Sunday. The Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) have pressed local conglomerates, especially those in the embattled shipbuilding, shipping and construction sectors, to secure money by selling their assets, they said.
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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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