The Seoul Central District Court sentenced Choi to 20 years behind bars and fined her 18 billion won (.6 million) for multiple convictions including abuse of power, extortion and bribery.
The People's Bank of China, the central bank, raised the rates of seven-day and 28-day reverse repo agreements (through which the central bank provides money to the market) and the rates of the medium-term lending facility and standing lending facility (monetary tools to adjust money supply) by 5 basis points on Thursday.
The S&P 500 fell 104.47 points, or 4.3 percent, to 2304.92. The tech-heavy Nasdaq Composite dropped 271.06 points, or 3.8 percent, to 6879.52.
The R&D center will focus on AI-related sectors based on deep learning, such as computer vision, natural language processing and big data analysis, as well as carry out cooperation with Warsaw University of Technology and University of Warsaw to introduce top scientific research talent and strengthen the application of technical achievements in related industries, said Bartosz Biskupski, general manager of TCL's European R&D center.
The SPP also announced that prosecutors had indicted two other former officials, Zhou Chunyu, former vice governor of Anhui Province, and Cai Xiyou, former general manager of state-owned chemical firm Sinochem Group.
The Qinghai-Tibet Railway spans 1,956 km from Xining to Lhasa, capital city of Tibet. It went operational in 2006, linking Tibet with the rest of the country. The railway transported more than 16.3 million passengers in 2018.
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The Philippines was one of world's fastest-growing economies, and expanded by an average of 6.6 percent in the past few years. But the pandemic seems to have veered the economy toward a technical recession in the first half of the year.
The Philippines and the US signed a VFA in 1998. The Philippine senate ratified the agreement in 1999, seven years after the closure of the last US base on Philippine territory.
The STAR market, for instance, has seen a more efficient approval and registration process, with the average time between IPO application and registration shortened to about five months.
The Paris-headquartered company opened a concept store in Beijing and a flagship store in Shanghai in September. The brand aims to sell more audio products in China where a consumption upgrade has been on for a while now.