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  Korea Report - April 2013
  Author : Hwang & Co     Date : 13-05-07 13:52     Hit : 34100    
   Korea Report - April 2013.pdf (354.8K), Down : 27, 2013-05-07 13:52:46
 

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Korea Report - April, 2013.

 

Topics.

 

©÷ President Park and Bill Gates met and shared views on alternative energy sources.

©÷ Japanese government¡¯s distorted historical views angered neighboring countries.

©÷ SKorea failed to secure US consent to develop independent nuclear fuel production capability.

©÷ The NK government threatened to hit USA with nuclear armed missiles.

©÷ SKorea decided to withdraw its citizens from the Gaeseong Industrial Complex.

©÷ China has directed its authorities to abide by UNSC resolutions adopted to punish NK.

©÷ FM said Japan¡¯s weakening yen is hurting SKorea¡¯s economy more than NKorean threats.

©÷ President Park revived trade and investment promotion council.

©÷ IMF revised down Korea¡¯s GDP growth forecast to 2.8% this year.

©÷ Amount of assets held by SKorean banks surpassed KW2,000 tril mark for the first time ever.

©÷ Samsung Electronics ranked 20th on the annual Global 2000 by Forbes.

©÷ SEC unveiled its Galaxy S4, the latest in its flagship Galaxy series, in Seoul.

©÷ The overseas shipments of cars manufactured by HMC and Kia have broken the 50 mil mark.

©÷ Quality yards have mostly filled up their major slots upto 2016.

©÷ Combined debt owed by SKorea¡¯s 7 largest shipyards spiked 44% last year.

©÷ Korean government decided to establish ¡®Shipping Guarantee Fund¡¯ worth KW2 tril ($1.7 bil).

©÷ 8 creditor banks agreed on voluntary debt restructuring for STX Group providing emergency fund.

©÷ KEPCO committed for its 9 x 150K bulkers newbuilding project.

©÷ The creditors of Sungdong S&ME will conduct a debt-for-equity swap.

 

 

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