HWANG & COMPANY, LTD.

Tel : +82-31-783-6130/1 

Fax: +82-31-783-6132 

Ee-mail: hwangnco@hwangnco.com    

Website: www.hwangnco.com

Korea Report - September, 2011.

Topics.

² Seoul and many other parts in Korea suffered power cuts.

² The prosecution is set to question Seoul education chief Kwak No-hyun over allegations that

he bought his rival out of the race in the election.

² The hallyu culture have helped reduce the tension between Korea and Japan.

² SKorea started sending flood relief aid to NK despite tense ties.

² Seoul's new unification minister expressed optimism on thawing inter-Korean ties.

² 9 foreign investment banks projected that Korean economy would likely grow 4.0% this year.

² SKorea’s trade balance recorded a $1.4 bil surplus in Sept.

² FSS suspended the operation of 7 more savings banks.

² Spat between Samsung and Apple is showing no sign of truce or compromise.

² STX Group decided to drop its bid to buy stakes in Hynix Semiconductor Inc.

² HMC and Kia are to see yearly combined exports to exceed 2 mil units for the first time.

² SKorea took up the seventh position in the global construction market.

² BOK kept the benchmark interest rate unchanged at 3.25%.

² Salt prices surged 42.8% in Aug on-year, the highest growth since 1981.

² Performance of Big 3 sharply dropped due to slowing order for container carrier and drillship.

² The stock of thick plates is sharply increasing in the steel mills.

² ´VALE BEIJING’, 400K VLOC, was delivered to STX PO.

--------------------------------------------------------------

Please open the PDF file for full report.