|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 28.67 CNY | -0.73% |
|
-0.24% | +8.27% |
| May. 03 | US Communication Watchdog to Ban Wireless Equipment from Chinese Telecommunication Firms | MT |
| May. 02 | More funds needed for US telecoms to remove Chinese equipment, says FCC | RE |
WASHINGTON (Reuters) - The United States on Tuesday accused Far East Cable, China's largest wire and cable manufacturer, of violating U.S. export controls related to shipments to Iran, the Commerce Department said.
"The charging letter alleges that Far East Cable signed contracts with ZTE and Iranian telecommunications companies to deliver U.S.-origin equipment to Iran as part of an effort to conceal and obfuscate ZTE's Iranian business from U.S. investigators," the Bureau of Industry and Security (BIS) said in a statement.
BIS is charging Far East Cable with 18 violations of U.S. export controls.
(Reporting by Karen Freifeld and Doina Chiacu; Editing by Kirsten Donovan)
| 1st Jan change | Capi. | |
|---|---|---|
| +8.27% | 17.62B | |
| -6.73% | 191B | |
| +16.51% | 85.99B | |
| +62.04% | 67.25B | |
| +12.95% | 58.99B | |
| +12.02% | 20.35B | |
| +65.01% | 20.24B | |
| -10.03% | 17.53B | |
| +18.18% | 11.32B | |
| +9.69% | 7.4B |
ZTE CORPORATION 
