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Korea Report - July, 2013.

Topics.

²  President Park captured the hearts and minds of Chinese during her June 27-30 visit.

²  Aso urged Japan to emulate Nazis in stealthily amending the Japanese constitution.

²  The government will open 27 more King Sejong Institutes in 20 countries.

²  Asiana’s aeroplane carrying 307 people crash-landed at San Francisco Airport.

²  Park In-bee garnered on the LPGA Tour for her third straight major championship in this year.

²  North and South kept dialogue to establish continuous operation of the industrial park in

Gaesung, but with no breakthrough.

²  Panama seized an NK vessel laden with military equipment and parts.

²  SKorea’s economy grew 1.1% on quarter in the second quarter of this year.

²  SKorea logged a trade surplus for the 18th straight month in July.

²  SEC dethroned Apple as world's most profitable phone maker in Q2 of 2013.

²  SEC unveiled its 1 terabyte solid state drive (‘SSD’) lineup.

²  SK Hynix swung to ‘black’ in Q2, with its operating profit at KW1.11 tril.

²  Foreigners offloaded Seoul shares worth $8.7 bil over Jan-June period.

²  The daily volatility of KWon rose to highest level in 16 months in 2Q.

²  SKorea’s jobless rate stands at 3.1 % as of end-June.

²  Korea’s policy financiers have decided to finance shipbuilding.

²  SKorea’s shipbuilders are to raise NB prices from the 2nd half of 2013.

²  Outlook on Korean shipbuilding market.

²  Creditors agreed to inject a fresh liquidity of $1.92 bil to the ailing STX O&S.

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