South Korean card firms' Q1 net dips 45.2%
Seoul - Yonhap
South Korean credit card companies saw their earnings tumble in the first quarter of this year, mainly due to a decrease in gains from their investment in stocks, the financial regulator said Tuesday. The combined net profit of seven stand-alone credit card firms reached 462.2 billion won (US$412.3 million) in the January-March period, down 45.2 percent from 843.1 billion won the previous year, according to the Financial Supervisory Service (FSS).
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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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