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  Korea Report - December 2011
  Author : Hwang & Co     Date : 12-01-09 13:35     Hit : 35334    
   Korea Report - December 2011.pdf (371.9K), Down : 35, 2012-01-09 13:35:23
 

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Korea Report - December, 2011.

 

Topics.

 

©÷  Top 10 News Stories of 2011.

©÷  Illegal Chinese fishing boats attacked SKorean coast guard to stab the officers.

©÷  National Assembly approved the KW325.4 tril national budget for 2012.

©÷  NKorean leader Kim Jong-il has died of a heart attack on 17th at the age of 69.

©÷  North¡¯s dependence on China remained high at 80.2% in 2010.

©÷  BOK dimmed the country¡¯s growth forecast in 2012 to 3.7%.

©÷  Major listed companies in SKorea saw NK as less of a risk than European debt crisis.

©÷  Korea has achieved $1 tril in annual trade volume.

©÷  SKorea's trade surplus grew $4 bil on-year to $49.7 bil in Dec.

©÷  Hana Financial Group agreed with Lone Star on an 11% cut in takeover price for KEB.

©÷  Korea¡¯s financial regulator gave green light to country¡¯s first 12 homegrown hedge funds.

©÷  SEC ranked fifth in the global IT list of market capitalization, overtaking Oracle.

©÷  Hyundai Motor Group expects to post bigger earning this year than Samsung Group.

©÷  Public prosecutors investigating alleged embezzlement at SK Group.

©÷  SKorea's consumer price index rose 4.2% in Dec on-year.

©÷  BOK froze the benchmark rates at 3.25% for the sixth straight month.

©÷  Major Korean yards have exceeded annual target of the order with $62.5 bil in total.

©÷  Major local yards concluded negotiation with Japanese steel mill at $770-780 per ton.

©÷  HMD delivered 89 ships in 2011, the biggest volume since its establishment.

©÷  Government is trying again to sell part of its stake in DSME, but with a new twist.

©÷  The creditors of Sungdong Shipyard finalized the plan to normalize the yard.

 

 

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