President Park visited the Netherlands and Germany from Mar 24 to Mar 29 to discuss the way to end NK’s nuclear program and prepare the reunification of Korean Peninsula.
Angela Merkel pledged to offer full support to President Park for Seoul’s efforts to prepare for unification.
SKorea sent home the remains of 437 Chinese soldiers killed during the Korean War.
More than 1,300 Japanese academics protested against Tokyo’s move to review and alter its 1993 apology for its military’s wartime mobilization of sex slaves.
Korea and Canada struck an FTA after nearly 9 years of negotiations.
NK threatened to carry out a ‘new form’ of nuclear test in response to a UN condemnation of NK’s recent ballistic missile launches.
Government vowed to ease or lift 2,200 regulations from the total of 15,269 hurdles.
Korea’s GDP grew 3% in 2013, with t its manufacturing output expanding 3.3% on-year.
Taiwan’s Yuanta Securities acquired a 27.06% stake in Tong Yang Securities.
The National Pension Service upheld 30.5% of its assets total stocks valued at KW128.32 tril at 2013.
Cash assets held by Korea’s top 30 conglomerates grew 18.3% on-year to KW157.7 tril in 2013.
SEC’s chip sales climbed 8.2% on-year to $33.82 bil in 2013, retaining No. 2 spot in the world.
Imported car sales in SKorea jumped 31.2% on-year in Feb to 13,852 units.
The Korea’s gold market set sail on Mar 24, enabling securities firms to trade gold in the Stock Exchange.
Korea secured NB contracts of a combined 3.13 mil cgt (87 ships) for the first 2 months of this year, while China and Japan won 2.33 mil cgt (117 ships) and 1.06 mil cgt (53 units).
K-Sure vowed to ship-finance $400 mil for 3 drillships placed by Seadrill at SHI.
Yamal signed an LOI with MOL, Sovcomflot(SCF) and Teekay to build 15 ice-class LNG carriers in DSME for the Yamal LNG project.
The creditors of STX O&S decided to cancel the ‘low-price’ orders for some 50 NBs.
Samjin managed to secure RGs issued by its Chinese bankers for some NB orders on a ‘selective’ basis.
Hanjin Shipping is soon to merge with its parent firm Hanjin Shipping Holdings.
