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  Korea Report - October 2012
  Author : Hwang & Co     Date : 12-11-07 17:25     Hit : 32666    
   Korea Report - October 2012.pdf (349.0K), Down : 18, 2012-11-07 17:25:07
 

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Korea Report - October, 2012.

 

Topics.

 

©÷  SKorea and Japan are struggling to get out of disagreement on history and territory.

©÷  SKorea won nonpermanent seat in the UN Security Council for 2013-14.

©÷  Green Climate Fund of UN will set up its head office in Songdo, Incheon.

©÷  Psy¡¯s quest for world music domination shows no signs of slowing down.

©÷  NK threatened to carry out a ¡°merciless military strike¡± against SKorea.

©÷  USA agreed for SKorea to develop ballistic missiles with a range of up to 800 km.

©÷  BOK cut the key interest rate by 0.25% to 2.75%.

©÷  The IMF lowered its forecast for Korea¡¯s GDP growth this year to 2.7%.

©÷  The KWon posted a 4.2% appreciation against the dollar so far this year.

©÷  Korea¡¯s debt is expected to snowball to KW445.2 tril ($339 bil) this year.

©÷  Samsung Electronics was included in the world¡¯s 10 most valuable brands.

©÷  Samsung Electronics logged a record-breaking operating profit for the third quarter.

©÷  Patent war between Samsung and Apple continue in the courts over the world.

©÷  STX Group has signed a contact with Orix Corp to sell a 43.1% stake in STX Energy.

©÷  Sales of foreign-made vehicles in SKorea jumped 20.6% in Sept on-year.

©÷  K-sure and KOEXIM to provide $3 bil for the Ichthys LNG project in Australia.

©÷  Builders and owners are mixed up in prediction of the market for recovery.

©÷  A number of ships ordered by TMT troubled the yards.

©÷  HHI is taking applications for early retirement for the first time.

©÷  Polaris Shipping has secured loan to help fund its $600 mil sale-and-leaseback deal with Vale.

 

 

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