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Korea Report - November, 2011.

Topics.

² President Lee signed a package of bills needed to implement the Korea-USA FTA.

² The average lifespan of Koreans will hit 89.38 years by 2040.

² Jeju Island has been named as one of the new 7 natural wonders of the world.

² Construction of gas pipeline linking Russia-SKorea via NK to gain momentum.

² SKorea will set up a fund to begin raising up to KW55 tril.

² Korea's per capita income is to reach a record high around $23,500-24,000 this year.

² Fitch Ratings raised Korea’s sovereign credit outlook to “positive” from “stable”.

² SKorea has arrived at the threshold of $1 tril in trade volume for the first time ever.

² FSC ordered Lone Star to sell most of its KEB shares to any investor.

² Federal Court of Australia ruled against a request in a lawsuit filed by Apple to ban the sale of Samsung’s Galaxy Tab 10.1 tablets.

² SK Telecom has been named preferred bidder for control of Hynix Semi conductor.

² US sales of vehicles made by HMC and Kia are expected to surpass 1 mil mark this year.

² BOK held benchmark rates at 3.25% for the fifth straight month.

² New building prices have been falling in the second half.

² VLGC show the market the way forward to recovery.

² The performance of Big 3 in 3Q revealed deteriorated reflecting financial crisis in 2008.

² DSME is going to order the largest floating dock in the world.

² The labour dispute in Hanjin HIC has ended.

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