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Korea Report - November, 2012.

Topics.

² Presidential candidates, Park and Moon, registered as official candidates in knife-edge race.

² SKorea, China and Japan declared the kickoff of the official negotiations for a trilateral FTA.

² SKorea ranked second among OECD economies in R&D investment.

² Korea welcomed the 10 millionth visitor of the year on 21st.

² Psy continues to take the world by storm.

² SKorea’s sovereign rating surged the most among members of the OECD in the past 5 years.

² Nation’s major think tanks/brokerages expect Korean economy to grow average of 3.2% next year.

² SKorea posted current account surplus for ninth straight month in Oct as exports gained ground.

² Lone Star Funds filed investor-state dispute arbitration claims against Korean government.

² SKorea’s total debt neared the KW3,000 tril ($2.75 tril) mark in the second quarter.

² Korea’s national brand value was worth $1.6 tril, ranking ninth among 39 countries worldwide.

² Samsung will sell 61.5 mil units of smartphones in 4Q.

² HMC completed its vehicle assembly lines on 4 continents.

² Exchange rate of KWon against USDollar has been strengthened to 1082.

² SKorea's consumer prices grew to 1.6% on year in Nov at the slowest pace in 3 months.

² 1,053 vessels of a cumulative 48.9 mil dwt, the largest volume in history, sold for scrap.

² Major yards issued overall KW4.227 tril of corporate bonds this year to ease liquidity difficulties.

² 5 Korean electric power companies invited owners for a total of 9 x 150K bulker newbuildings.

² Congratulatory Remark.

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