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Korea Report - October, 2009.

Topics.

²  S.Korea and EU initialed their FTA.

²  The leaders of China, Japan and SKorea gathered.

²  President Lee’s “New Asia Initiative” made a show in ASEAN.

²  Seoul decided to dispatch 300 troops to Afghanistan.

²  Hangeul spread abroad.

²  Nationwide smart electricity meter set up.

²  Labor union movement checked by government.

²  New Flu spread rapidly.

²  Efforts to bring NK to 6-way talks in vain.

²  Korean GDP in third quarter expanded 2.9%.

²  Korea posted current account surplus of $4.2bil in Sept, trade surplus of $3.79bil.

²  KDB to set up a holding company in the course of privatization.

²  Market capitalization of major firm jumped in the bourse.

²  SEC posted record high profit in the third quarter.

²  Global market share of Korean cars increased.

²  KOSPI plunged.

²  KAMCO and KDB set up a fund to help Shipping Companies.

²  HHI is to acquire Hyundai Corp and Hyundai Oil Bank.

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