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  Korea Report - December 2012
  Author : Hwang & Co     Date : 13-01-05 14:57     Hit : 33123    
   Korea Report - December 2012.pdf (339.4K), Down : 19, 2013-01-05 14:57:54
 

HWANG & COMPANY, LTD.

 

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Korea Report - December, 2012.

 

Topics.

 

©÷ Park Geun-hye of the conservative Saenuri Party has been elected the Korea¡¯s 18th president.

©÷ Relations between SKorea and Japan appear to be hanging in the balance.

©÷ NK successfully launched its long-range missile.

©÷ The National Assembly approved a KW342 tril budget for this year.

©÷ SKorea reached a record current account surplus of $6.88 bil for Nov.

©÷ Korea has reached $1 tril in trade volume for the 2 consecutive years.

©÷ President elect Park called on chaebols to cooperate with her policy on economic democratization.

©÷ Chaebols tighten their purse strings to keep their coffers filled with cash for future uncertainties.

©÷ The market value of SEC¡¯s listed stocks was worth $201.5 bil as of Dec 7.

©÷ Korea¡¯s 5 major automakers including HMC sold 778,187 vehicles at home and abroad in Nov.

©÷ Local builders won overseas orders worth $64.9 bil in 2012.

©÷ KWon has been appreciated 7.86% to the greenback in 2012.

©÷ SKorea's foreign exchange reserves reached $326.97 bil, a new record high.

©÷ Korea¡¯s Big3 have inked a total of $37.48 bil this year, 79% of yearly targets.

©÷ BOK predicted the market to start recovering from the Q3 2013.

©÷ PCs led rush on newbuilding orders in Dec.

©÷ STX Group put STX Pan Ocean, STX Dalian, STX OSV and STX Floro for sale.

©÷ SEASON¡¯S GREETINGS !

 

 

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